Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...
What Is Ad Valorem Tax? Ad valorem tax is a type of tax that is based on the assessed value of an item, such as real estate or personal property. The Latin term "ad valorem" translates to "according ...