ad valorem tax

NOUN
14 LETTERS · STARTS WITH A

ad valorem tax is a valid 14-letter word worth 25 points in Scrabble and 28 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
A1D2V4A1L1O1R1E1M3T1A1X8
1 + 2 + 0 + 4 + 1 + 1 + 1 + 1 + 1 + 3 + 0 + 1 + 1 + 8 =25 PTS
DOUBLE WORD → 50TRIPLE WORD → 75
MEANING

What does ad valorem tax mean?

NOUN · 1 SENSE
1

A tax levied on the difference between a commodity's price before taxes and its cost of production.