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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
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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yvlog History and Origins

Origin of value-added1

First recorded in 1930–35
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Example Sentences

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

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

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

From

The most notable example of this is value-added tax, or VAT, which Trump has partly blamed for the United States’ $1.2-trillion trade deficit with the rest of the world.

From

It says labour displacement as a result of these technological advancements is of particular concern for a majorly services-driven economy like India, where a significant share of the IT workforce is employed in low value-added services sectors that are most prone to disruption.

From

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