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value added

noun, adj — 2 senses

value added

noun
1

Business, Economics, Sciences The amount by which the value of an article is increased at each stage of its production, exclusive of initial costs.

Related terms
add value, value-add, value added tax, VAT, value chain

value added

adj
1

Business, Economics, Sciences Of goods Having features added to a basic line or model for which the buyer is prepared to pay extra.

  • I think you'll notice that our top-end model is very value-added.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.