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Bible Dictionaries
Ad Valorem

Webster's Dictionary

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A term used to denote a duty or charge laid upon goods, at a certain 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.

Bibliography Information
Webster, Noah. Entry for 'Ad Valorem'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​a/ad-valorem.html. 1828.
 
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