### Question
What does ad valorem equivalent mean?


### Answer
**Ad valorem equivalent** has the following meaning in *19 U.S.C. § 2481*:

> the ad valorem equivalent of a specific rate or, in the case of a combination of rates including a specific rate, the sum of the ad valorem equivalent of the specific rate and of the ad valorem rate

#### Citation:
  - *19 U.S.C. § 2481*
  - Heading: **CHAPTER 11-IMPORTATION OF PRE-COLUMBIAN MONUMENTAL OR ARCHITECTURAL SCULPTURE OR MURALS > SUBCHAPTER VI-GENERAL PROVISIONS**

