value added

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

2. of, relating to, or supplying value-added: software supplied by a value-added distributor.

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