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ad valorem tax

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
Ad valorem tax
A type of tax calculated based on percentage of gross or stated value. For example, VAT.
ad valorem tax
A tax that is computed as a percentage of the value of specific property. For example, many states levy an annual tax on the market value of an investor's securities as of a certain date. Also called property tax.


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The bonds are direct obligations of the district and are payable from an unlimited ad valorem tax levied against all taxable property located within the district.
Fitch Rates $22.4MM Vistancia CFD (Peoria, Arizona) GO Bonds 'BBB' by Business Wire
The bonds are direct obligations of the city, payable from the levy and collection of a direct and continuing ad valorem tax within the limits prescribed by law, on all taxable property located within the city.
Fitch Rates Seguin, Texas' GOs 'A+' by Business Wire
6 million limited ad valorem tax bonds, series 2006.
Fitch Rates Gulf County, Florida's $10.6MM Limited Ad Valorem Tax ... by Business Wire
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