The amount by which the value of an article is increased at each stage of its production, exclusive of initial costs.
- ‘Real gross output may also be easier to measure than real value added because it depends largely on deriving price indexes for observable sales.’
- ‘At each level of production, from primary industry to finished product and marketing, approximately half the value added is due to labor.’
- ‘The increased value added of the mining sector was largely reflected in the improved performance of the diamond industry.’
- ‘However, textile's share of value added increased over the same period, from 11 percent to 13 percent.’
- ‘We are delighted that our value added at both key stages three and four is so good.’
1[attributive] (of goods) having features added to a basic line or model for which the buyer is prepared to pay extra.
- ‘Malah is in charge of making the farm's value-added products, like pickles, jams, and jellies.’
- ‘The Government introduced the export duty on unprocessed timber in order to encourage the export of value added timber and help in employment creation.’
- ‘They certainly hasn't gone out of its way to provide any value added content to this DVD.’
- ‘Some value added services are deliverable today.’
- ‘The software will be offered to existing customers and new buyers as ‘a value added service’, the company said.’
- ‘Market penetration has been limited, as relatively few people have opted for these systems or are ready to pay for their associated value added services.’
- 1.1(of a company) offering specialized or extended services in a commercial area.
- ‘The income generated from the value-added business will flow to, and within, the local community.’
- ‘The fastest growth rate in rural areas has been in farmer-owned, value-added businesses.’
- ‘Therefore, a modified structure is necessary for today's value-added cooperatives.’
- ‘That's why value-added agriculture is the buzzword of the new millennium.’
- ‘It could be that one of the brands migrates more toward a high-technology, value-added brand.’