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excise vs ad valorem tax

ad valorem tax vs excise

excise and ad valorem tax both are nouns.

excise is a verb but ad valorem tax is not a verb.

Word NounAdjectiveVerbAdverb
excise Yes No Yes No
ad valorem tax Yes No No No
As nouns, ad valorem tax is a hyponym of excise; that is, ad valorem tax is a word with a more specific, narrower meaning than excise:
  • excise: a tax that is measured by the amount of business done (not on property or income from real estate)
  • ad valorem tax: a tax levied on the difference between a commodity's price before taxes and its cost of production
Other hyponyms of excise include nuisance tax, sales tax, gasoline tax.
excise (noun) ad valorem tax (noun)
a tax that is measured by the amount of business done (not on property or income from real estate) a tax levied on the difference between a commodity's price before taxes and its cost of production
excise (verb) ad valorem tax (verb)
remove by cutting
remove by erasing or crossing out or as if by drawing a line
levy an excise tax on
Difference between excise and ad valorem tax

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