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Froogle 1.1.1.7
Froogled By:
Elias Makere, FSA, MAAA
Last Froogled:

AD VALOREM

according to value.

the term is commonly used to designate an assessment of taxes against property (at a certain rate).
Last Updated:
Source: Barron's Dictionary of Legal Terms, Steven H. Gifis, 5th Edition; ©
Congratulations! You're now Froogled Up™ on what "Ad Valorem" means!

Feel free to use it throughout your financial/insurance life.

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