value added
Noun
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Noun
value added
- (economics, business) the amount by which the value of an article is increased at each stage of its production, exclusive of initial costs
- French: valeur ajoutée
value added
- (economics, business, of goods) having features added to a basic line or model for which the buyer is prepared to pay extra
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.048