value-added

American  

[val-yoo-ad-id] / ˈvæl yuˈæd ɪd /

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.

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adjective

1. of, relating to, or supplying value-added.

   software supplied by a value-added distributor.

value added British  

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

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Etymology

Origin of value-added

First recorded in 1930–35

Example Sentences

The dropping of the plan comes the same week that OpenAI announced it was winding down its Sora video social media app, which has been accused of triggering a flood of low value-added AI content online.

From Barron's

A 3.0% value-added tax increase is poised to come into effect soon.

From The Wall Street Journal

Since global supply chains continue to grapple with dynamic challenges, Becker says the company is well-positioned to continue layering value-added services, keeping it financially viable over the next several years.

From The Wall Street Journal

In the Philippines, transport federation Piston, whose members include tens of thousands of drivers and operators of the Philippines’ signature diesel-powered jeepney buses, called for the suspension of value-added and excise taxes and a fare hike in a protest this week.

From The Wall Street Journal

"We believe that with a device like this, in a cooperative or small business that already works with both cocoa and native bee honey, it'd be possible to increase the portfolio with a value-added product, including for haute cuisine," Rostagno suggests.

From Science Daily