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What does AD VAL stand for?

What does AD VAL mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: AD VAL.

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Ad Valorem (according to value)

International » Latin

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What does AD VAL mean?

ad val, ad valorem(adverb)
in proportion to the estimated value of the goods taxed

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"AD VAL." Abbreviations.com. STANDS4 LLC, 2017. Web. 19 Sep. 2017. <http://www.abbreviations.com/AD%20VAL>.