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English
noun
:
ad valorem tax
1.
ad valorem tax
(possession)
a tax levied on the difference between a commodity's price before taxes and its cost of production
Synonyms
value-added tax
,
VAT
Broader (hypernym)
excise
,
excise tax
Based on WordNet 3.0 copyright © Princeton University.
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. English edition:
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.
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