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value added

 - 3 dictionary results

val⋅ue-add⋅ed

[val-yoo-ad-id]
–noun
1. something, as an item of equipment, that has been added to a product by a marketer or distributor to warrant a markup in the retail price.
–adjective
2. of, pertaining to, or supplying value-added: software supplied by a value-added distributor.

Origin:
1930–35
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Main Entry:  value added1
Part of Speech:  n
Definition:  See added value
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Copyright © 2003-2009 Dictionary.com, LLC
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Financial Dictionary

Value Added

The enhancement a company gives its product or service before offering the product to customers.

Investopedia Commentary

This can either increase the products price or value. Offering one year of free support on a new computer would be a value-added feature

See also: Value Added Monthly Index - VAMI

Also spelled: value-added

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