added value

noun [U] (also value added)

Definition

› ECONOMICS an increase in the value of a resource, product, or service as the result of a particular process: They want as much of the added value as possible from their exploited natural resources to benefit their own economy. added-value products/services

› ECONOMICS something useful that someone can give to a company, especially something that helps the company make more money: The key to the job search is to offer added value and communicate clearly. added-value skills

(Definition of added value noun from the Cambridge Business English Dictionary © Cambridge University Press)