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ad valorem tax

Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun A tax that is assessed as a proportion of the value of the property being taxed.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun a tax levied on the difference between a commodity's price before taxes and its cost of production

Etymologies

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hypernyms (2)

Words that are more generic or abstract

  1. excise
  2. excise tax

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