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

The administration argues these tariffs respond to harmful foreign practices including currency manipulation and excessive value-added taxes imposed by other countries.

From Los Angeles Times

"India's low-cost assembly lines may survive, but value-added growth is in danger."

From BBC

The SPA also points out that exporting and ageing spirits overseas means Jamaica misses out on the value-added processes like refining, bottling, labelling and distributing as well as other secondary benefits to the local economy like rum tourism.

From BBC

My editor appreciated the authenticity right from the start, including the nuanced Hawaiian Pidgin English some of my characters speak, and the value-added glossary I provided at the end.

From Los Angeles Times

"We don't process those value-added ingredients into more valuable ingredients here at home," says Mr Markham.

From BBC