© 2014 Shmoop University, Inc. All rights reserved.
 

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Ad Valorem

Definition:

Fancy Latin phrase for property tax. "Valorem" means "Value" if you went to Latin class or survived catechism. Given what it does, you'd think it would have been named minus valorem, though.

Advertisement
back to top