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ODEvalue added

value added

Flag: gbEnglishOxford Dictionary of English

value added
noun [mass noun] Economics
1 the amount by which the value of an article is increased at each stage of its production, exclusive of initial costs:
the proportions of both total output and value added fell.
2 the addition of features to a basic line or model for which the buyer is prepared to pay extra:
[as modifier] value-added digital technology.
[as modifier] (of a company) offering specialized or extended services in a commercial area.
value added — ODE · Shobdo