value-added
[ val-yoo-ad-id ]
/ ˈvæl yuˈæd ɪd /
noun
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
of, relating to, or supplying value-added: software supplied by a value-added distributor.
Origin of value-added
First recorded in 1930–35
Words nearby value-added
value,
value added,
value date,
value fund,
value judgment,
value-added,
value-added tax,
valued,
valued policy,
valueless,
valuer
British Dictionary definitions for value added
value added
noun
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