Ad valorem

Ad valorem

Means 'at value'. A rate or tax on the freight based on the value of goods.

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Part of Speech: noun
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Industry/Domain: Transportation
Category: Boats & ships
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ad valorem

Maritime; Ocean shipping

Latin for "according to the value. "(1) an ad valorem duty is an import duty based on the value of an article as defined in the customs law of a particular country, rather than on ...

ad valorem

Transportation; Boats & ships

Means 'at value'. A rate or tax on the freight based on the value of goods.

ad valorem

Transportation; Ocean shipping

A term from Latin meaning, “according to value. ” Import duty applied as a percentage of the cargo’s dutiable value.

ad valorem

Energy; Natural gas

Taxes imposed at a percent of a value.

ad valorem

Real estate; General

Latin for "according to value". Each property bears a tax burden according to its assessed value.

ad valorem

Transportation; Shipping

A term from Latin meaning, “according to value.” Import duty applied as a percentage of the cargo’s dutiable value.

range

Transportation; Boats &ships

Distance a boat can travel at cruising speed on a tank of fuel. Also, the distance to an object. Lastly, in intracoastal navigation, a set of two markers that, when lined up one ...

variation

Transportation; Boats &ships

Compass variable that accounts for the difference in degrees between true north and magnetic north.

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