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excise tax vs ad valorem tax

ad valorem tax vs excise tax

excise tax and ad valorem tax both are nouns.

Word NounAdjectiveVerbAdverb
excise tax Yes No No No
ad valorem tax Yes No No No
As nouns, ad valorem tax is a hyponym of excise tax; that is, ad valorem tax is a word with a more specific, narrower meaning than excise tax:
  • excise tax: 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 tax include nuisance tax, sales tax, gasoline tax.
excise tax (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
Difference between excise tax and ad valorem tax

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