Ad valorem

 

 

 

Ad valorem

 

Glossary of business

 

Definition of ad valorem

 

Ad valorem literally means value added. It is generally used to refer to a tax (an ad valorem tax) that is a percentage of the price of the product. An example of an ad valorem tax would be VAT.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of ad valorem

 

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Meaning of ad valorem

 

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