- 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.
- 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
- 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