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ad valorem
ad va·lo·rem [ àd və láwrəm ]


adjective,

adverb 
Definition:
 
according to value: in proportion to the value of something
[Late 17th century. < Latin, "according to value"]
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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