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

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