Meaning of “economic value added” in the English Dictionary


"economic value added" in Business English

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economic value addednoun [ U ]

uk us abbreviation EVA ACCOUNTING, FINANCE

the amount by which the profit made by a company is bigger than the capital it has invested to make that profit. Economic value added is considered to be a way of measuring how successful a company is.

(Definition of “economic value added” from the Cambridge Business English Dictionary © Cambridge University Press)