value added



  • noun the difference between the cost of the materials purchased to produce a product and the final selling price of the finished product


  • noun the features that make one product or service different from or better than another and so create value for the customer


  • adjective
    (written as value-added)
    (with extra benefit for a user


  • noun the amount added to the value of a product or service, being the difference between its cost and the amount received when it is sold (wages, taxes and similar factors are deducted from the added value to give the retained profit).