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 Concise English Dictionary © HarperCollins Publishers::
val•ue-add•ed
(val′yo̅o̅ ad′id),USA pronunciation n.
adj.
- 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.
adj.
- of, pertaining to, or supplying value-added:software supplied by a value-added distributor.
- 1930–35
'value added' also found in these entries (note: many are not synonyms or translations):