value added

value-added

[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

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
value added
 
n
the difference between the total revenues of a firm, industry, etc, and its total purchases from other firms, industries, etc. The aggregate of values added throughout an economy (gross value added) represents that economy's gross domestic product

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Main Entry:  value added1
Part of Speech:  n
Definition:  See added value
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