The MVP of the 1998 World Series with the Yankees, Brosius didn't play anywhere near long enough to mount a full-scale Hall of Fame case, but he manned the hot corner during New York's run of four straight pennants ('98â2001) and three titles.
Ad Valorem. According to value. The term ad valorem is derived from the Latin ad valentiam, meaning to the value.. It is commonly applied to a tax imposed on the value of property. Real property taxes that are imposed by the states, counties, and cities are the most common type of ad valorem taxes.
In other words, ad valorem taxes can be property tax or even duty on imported items. Property ad valorem taxes are the major source of revenues for state and municipal governments. The phrase ad valorem is Latin for according to value. In the case of municipal property taxes, property owners have their property assessed on a periodic basis by a public tax assessor. The assessed value of the property is then used to compute an annual tax, which is levied on the owner by his or her municipality.