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Ad valorem

Definitions

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Sarah
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A term used to denote a duty or charge laid upon goods, at acertain rate per cent upon their value, as stated in their invoice, -- in opposition to a specific sum upon a given quantity or number;as, an ad valorem duty of twenty per cent.
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Ad valorem meaning & definition 1 of Ad valorem.

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Ad valorem

Ad valorem meaning & definition 1 of Ad valorem.

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