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Dictionary


ad va•lo•rem



Pronunciation: (ad vu-lôr'um, -lōr'-), [key]
in proportion to the value (used esp. of duties on imports that are fixed at a percentage of the value as stated on the invoice).

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

ad valad valorem tax
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