value addedEnglishOxford Dictionary of Englishvalue 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.