"Ad Valorem" is a word in LAW AND LEGAL, ENGLISH
According to value. Duties are either ad valorem or speei/fc; the former when the duty Is laid in the form of a percentage on the value of the property; the latter where It ls imposed as a fixed sum on each article of a class without regard to its value. The term ad valorem tax ls as well defined and fixed as any other used in political economy or legislation, and sim-ply means a tax or duty upon the value of the article or thing subject to taxation. Bailey v. Fuqua, 24 Miss. 501; Pingree v. Auditor General, 120 Mich. 95, 78 N. W. 1025, 44 L. R. A. 679
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.
Do Dragons eat Mexican?" Hank wondered out loud."Dude, they eat people. Mexican is a vast improvement over people.
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In old English law. Extenders or appraisers. The name of cer-tain officers appointed to appraise and divide or apportion lands. …
Read the complete definitionLat In Roman law. Tbe legal relatlon existing between two Certain persons whereby one (the creditor) Is au-thorlzed to demand …
Read the complete definitionThe performance of a duty, promlse, or obligation, or discharge of a debt or liability, by the delivery of money …
Read the complete definitionIn the United States, an officer whose duties include the various measures to be taken for ascertaining the quantity, condition, …
Read the complete definitiontasasyón - (Sp. tasación) Valuation, appraisement, estimate of value; duty, tax, impost. (cf. buhís, pabilí, tása, tasár).
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