"Ad Valorem" is a Latin term meaning “according to the value”. All duties and taxes are calculated on the basis of value, so you may see this quite often when shipping internationally. 🌐💸 Even if you don't speak Latin, this is a phrase you need to know! 😉🌍 Stay tuned to this channel for more helpful logistics lingo. #DHLExpress #Logistics #Terminology #AdValorem | DHL Express
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