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Valor is honor plus dignity. Itâs gallant bravery and strength, especially on the battlefield or in the face of danger. Saint George displayed valor when he finally slayed the dragon. Itâs a trait fit for a hero. Valor comes from the Latin valorem for âstrength, moral worth,â with the sense of âcourageâ added later. Valor is often displayed in the face of something designed to crush it, like a battle in a war, and it is often rewarded with the conferring of a medal.
Freebase(0.00 / 0 votes)Rate this definition: Ad valorem tax. An ad valorem tax is a tax based on the value of real estate or personal property. It is more common than a specific tax, a tax based on the quantity of an item, such as cents per kilogram, regardless of price.