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Showing posts with label valorem. Show all posts
Showing posts with label valorem. Show all posts

Nov 7, 2018

[Answer] The phrase "ad valorem" means "in a brave or modernistic" manner.

Step 1 : Introduction to the question "The phrase "ad valorem" means "in a brave or modernistic" manner."



..."Ad valorem" means "according to value". It is commonly used to describe taxation systems. One common example is property tax.