| Share
 
Dictionary of Phrase and Fable—V

Valorem

Ad valorem. A sliding scale of duty on excisable articles, regulated according to their market value. Thus, tea at 4s. per pound would pay more duty than tea at 2s. per pound.

Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
Vamp
Vallombrosa
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

More on Valorem from Infoplease:

Related Content

24 X 7

Private Tutor

Click Here for Details
24 x 7 Tutor Availability
Unlimited Online Tutoring
1-on-1 Tutoring
Explore Histogram Examples , Grade 11 Math