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value-added

[val-yoo-ad-id]
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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
  1. of, relating to, or supplying value-added: software supplied by a value-added distributor.

Origin of value-added

First recorded in 1930–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
British Dictionary definitions for value added

value added

noun
  1. 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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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