bond-basics

Ad Valorem Taxes

A tax based on the assessed value of an item, such as real estate or personal property. The most common Ad Valorem Taxes are property Taxes levied on real estate. The Latin phrase ad valorem means “according to value.” All Ad Valorem Taxes are based on the assessed value of the item being taxed.


See Also

Tax

Compulsory charges levied by a governmental unit for the purpose of raising revenue. 

Hudson Yards Rail Yards

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Manager or Co-Manager

One or more members of a bond underwriting syndicate that has primary responsibility for managing the syndicate.