Liberal Dictionary English Dictionary
adjective, adverb
- in proportion to the value (used especially of duties on imports that are fixed at a percentage of the value as stated on the invoice).
adjective, adverb
- (of taxes) in proportion to the estimated value of the goods taxedAbbreviation: ad val, a.v., A/V
type of customs duties, 1711, Latin, “in proportion to the value” (see value).