|
Search over 100 encyclopedias and dictionaries: |
Research categories | Follow us on Twitter |
Research categories
View all topics in the newsView all reference sources at Encyclopedia.com |
|||
Ad Valorem
AD VALOREMAccording to value. The term ad valorem is derived from the Latin ad valentiam, meaning "to the value." It is commonly applied to a tax imposed on the value of property. Real property taxes that are imposed by the states, counties, and cities are the most common type of ad valorem taxes. ad valorem taxes can, however, be imposed upon personal property. For example, a motor vehicle tax may be imposed upon personal property such as an automobile. An article of commerce may be subjected to an ad valorem tax in proportion to its value, which is determined by assessment or appraisal. Duties, taxes on goods imported or brought into this country from a foreign country, are either ad valorem or specific. An ad valorem duty is one in the form of a percentage on the value of the property, unlike a specific duty that is a fixed sum imposed on each article of a class, such as all Swiss wristwatches, regardless of their individual values. cross-references |
|
|
Cite this article
"Ad Valorem." West's Encyclopedia of American Law. 2005. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>. "Ad Valorem." West's Encyclopedia of American Law. 2005. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1G2-3437700116.html "Ad Valorem." West's Encyclopedia of American Law. 2005. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1G2-3437700116.html |
|
ad valorem
ad valorem
•ahem, Belém, Clem, condemn, contemn, crème de la crème, em, gem, hem, Jem, LibDem, phlegm, pro tem, rem, Shem, stem, them
•carpe diem, per diem
•proem • idem • modem • diadem
•mayhem • Bethlehem • ad hominem
•ad valorem • brainstem
•apophthegm (US apothegm)
|
|
|
Cite this article
"ad valorem." Oxford Dictionary of Rhymes. 2007. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>. "ad valorem." Oxford Dictionary of Rhymes. 2007. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1O233-advalorem.html "ad valorem." Oxford Dictionary of Rhymes. 2007. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O233-advalorem.html |
|
Search over 100 encyclopedias and dictionaries:
HighBeam™ Research, Inc. © Copyright 2012. All rights reserved.
The Encyclopedia.com advertising network includes:
