Definitions for "Ad valorem tariff"
Tariff defined as a percentage of the value of an imported good.
A tariff expressed as a percentage of the value of the imported good.
A tariff calculated as a percentage of the value of goods cleared through customs, e.g. 15 percent ad valorem means 15 percent of the value. See also, Specific Tariff.
Allowances Augmented products
Keywords:  quantity, volume, weight, fee, specific
a specific fee based on quantity or volume, such as number, weight, etc