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.

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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

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Etymology

Origin of value-added

First recorded in 1930–35

Example Sentences

CEO Ryan McInerney attributed the company’s “very strong” first quarter to resilient customer spending and a strong holiday season, as well as strength in its “value-added services and commercial and money movement solutions.”

From Barron's

While overall quarterly revenue growth was up 18% from a year earlier — or ahead 15% when adjusting for currency — Mastercard saw even faster growth in its value-added services business.

From MarketWatch

Payment network net revenue increased 12%, while value-added services revenue grew 26%.

From The Wall Street Journal

Last September, India simplified its goods-and-services tax, a value-added levy.

From The Wall Street Journal

“We’re focused on growing specialty eggs and value-added prepared foods—areas that offer more stable margins, deeper customer partnerships, and stronger alignment with consumer behavior,” Sherman Miller, president & CEO of Cal-Maine Foods, tells Barron’s.

From Barron's