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ad valorem
(redirected from ad valorem tax)

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ad valorem

Commercial term implying that taxes or duties are calculated according to the value of a bond or commodity as opposed to its quantity.

Ad valorem duties – as opposed to specific duties – are those levied according to the value of the goods imported. Value-added tax (VAT), which is calculated as a specified percentage of the whole, is an example of an ad valorem tax.



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The bonds are direct obligations of the district and are payable from an unlimited ad valorem tax levied against all taxable property located within the district.
Fitch Rates $22.4MM Vistancia CFD (Peoria, Arizona) GO Bonds 'BBB' by Business Wire
The bonds are direct obligations of the city, payable from the levy and collection of a direct and continuing ad valorem tax within the limits prescribed by law, on all taxable property located within the city.
Fitch Rates Seguin, Texas' GOs 'A+' by Business Wire
6 million limited ad valorem tax bonds, series 2006.
Fitch Rates Gulf County, Florida's $10.6MM Limited Ad Valorem Tax ... by Business Wire
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