ad valorem tax

noun

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

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Meanings

nounad valorem tax (plural ad valorem taxes)

plural ad valorem taxes

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

Translations

Tagalog buwis ayon sa halaga
  • buwis ayon sa halagaa tax that is assessed as a proportion of the value of the property being taxed
Cite this entry
APA

ad valorem tax. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/ad%20valorem%20tax

MLA

“ad valorem tax.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/ad%20valorem%20tax. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “ad valorem tax,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/ad%20valorem%20tax.

Source: ad valorem tax on Wiktionary, CC BY-SA 4.0.