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value-added

American  
[val-yoo-ad-id] / ˈvæl yuˈæd ɪd /

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.
value added British  

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

Etymology

Origin of value-added

First recorded in 1930–35

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.