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

1. of, relating to, or supplying value-added.

   software supplied by a value-added distributor.

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

Word History and Origins

Origin of value-added¹

First recorded in 1930–35

Example Sentences

Ghana has abolished its Covid-19 "Health Recovery Levy" and reduced its value-added tax in a bid to bolster economic growth, the government said Thursday.

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The value-added of these organizations isn’t political advocacy.

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The deduction rate for value-added tax are now lower for gold purchases for non-investment—falling to 6% from 13%.

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Retail investors are no longer able to offset value-added tax when selling gold bought from the Shanghai Gold Exchange, the analysts add.

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The Purchase, N.Y., company said its payment network net revenue rose 12%, while its value-added services and solutions net revenue rose 25%.

Read more on The Wall Street Journal