ad valorem goods

ad valorem goods
ad va·lo·rem ˈgoods
n pl ECON wertzollbare Waren pl

English-german dictionary. 2013.

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  • Ad valorem tax — An ad valorem tax (Latin: according to value ) is a tax based on the value of real estate or personal property.An ad valorem tax is typically imposed at the time of a transaction (a sales tax or value added tax (VAT)), but it may be imposed on an …   Wikipedia

  • ad valorem duty — Duty expressed as a percentage based on the customs value of the goods, eg 10% ad valorem means that the duty payable is 10% of the customs value of the goods. HM Customs & Revenue Glossary * * * ad valorem duty ad valorem duty ➔ duty …   Financial and business terms

  • ad valorem — according to value. Applied to customs duty, it means a percentage charge on the value, rather than the weight or quantity of goods. Glossary of Business Terms * * * ad valorem UK US adjective FINANCE, TAX ► an ad valorem payment, rate, or tax is …   Financial and business terms

  • ad-valorem duty — A duty fixed as a percentage of the value of the goods EU Customs Glossary Duty expressed as a percentage based on the customs value of the goods, eg 10% ad valorem means that the duty payable is 10% of the customs value of the goods. HM Customs… …   Financial and business terms

  • ad valorem — /æd və lɔ:rəm/ adjective from a Latin phrase meaning ‘according to value’, showing that a tax is calculated according to the value of the goods taxed ● ad valorem duty ● ad valorem tax COMMENT: Most taxes are ‘ad valorem’. For example VAT is… …   Dictionary of banking and finance

  • Ad valorem — Ad va*lo rem [L., according to the value.] (Com.) 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 …   The Collaborative International Dictionary of English

  • Ad valorem duty — Duty Du ty, n.; pl. {Duties}. [From {Due}.] 1. That which is due; payment. [Obs. as signifying a material thing.] [1913 Webster] When thou receivest money for thy labor or ware, thou receivest thy duty. Tyndale. [1913 Webster] 2. That which a… …   The Collaborative International Dictionary of English

  • ad valorem — adjective Etymology: Latin, according to the value Date: 1698 imposed at a rate percent of value < ad valorem tax on goods > …   New Collegiate Dictionary

  • ad valorem — (Latin: according to value) Denoting a tax, duty, or commission calculated as a percentage of the total invoice value of goods or services. Value added tax is an ad valorem tax …   Accounting dictionary

  • ad valorem — Latin: according to value Denoting a tax, duty, or commission that is calculated as a percentage of the total invoice value of goods or services. VAT is an ad valorem tax …   Big dictionary of business and management

  • ad valorem — /æd vəˈlɔrəm/ (say ad vuh lawruhm) adjective in proportion to the value. An ad valorem duty charged on goods entering a country is fixed at a percentage of the customs value as stated on the invoice. {Latin} …  

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