value-added Meaning in the Cambridge English Dictionary

Meaning of “value-added” in the English Dictionary

"value-added" in British English

See all translations


uk   us   /ˌvæl.juːˈæd.ɪd/
Value-added ​products or ​services are ​worth more because they have been ​improved or had something ​added to them.
(Definition of value-added from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"value added" in Business English

See all translations

value addednoun

(also value-added) uk   us  
[S or U] (also value add, also added value) MARKETING, PRODUCTION the ​increase in ​value of a ​product or ​service as it goes through the ​stages of being ​developed and ​produced: There has been a ​change towards non-traditional ​exports with a ​highervalueadded. Organizing the ​findingssaves the ​readertime and is the best value-add we can ​provide.
[U] ECONOMICS the ​total output (= ​value of all the ​products, ​services, etc.) in a particular ​region, ​economy, etc. after taking away the ​value of inputs (= ​materials, ​labour, etc.): The presence of large ​globalcompaniesbrings much ​additionalbenefit to the ​economy over and above their ​contribution to ​valueadded. Increasing ​domesticvalueadded implies ​development and use of modern ​product and ​processtechnologies. The ​share of ​valueadded in ​manufacturing by ​small and medium-sized ​firms has ​risen from 28% in 1980 to almost 40% now.

value addedadjective

(also value-added) uk   us  
MARKETING, PRODUCTION relating to the ​increase in ​value of a ​product or ​service as it goes through the ​stages of being ​developed and ​produced: value-added ​components/​goods/​services Sucralose is just the ​sort of value-added ​product the ​chiefexecutivewants to encourage.
PRODUCTION relating to a ​process or ​industry that ​increases the ​value of a ​product or ​service: high/low value-added activities The ​companies' Hong Kong ​headquarters are ​shifting towards ​higher value-added ​activities such as ​sales and ​marketing. value-added ​manufacturing/​production/​systems
ECONOMICS used to refer to the ​profit made from ​sales of ​products or ​services in a particular ​region, etc. in relation to the ​value of ​materials, ​labour, etc.: The Philippine ​servicessector accounted for 43% of ​GDP in value-added ​terms.
(Definition of value added from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “value-added”
in Chinese (Simplified) (产品或服务)增值的…
in Chinese (Traditional) (產品或服務)增值的…
What is the pronunciation of value-added?
Add Cambridge dictionaries to your browser to your website
Word of the Day

be nothing to it

used to say something is very easy

Word of the Day

There is no such thing as a true synonym in English. Discuss!
There is no such thing as a true synonym in English. Discuss!
by Kate Woodford,
November 25, 2015
In the Cambridge Advanced Learner’s Dictionary the word ‘synonym’ is defined as ‘a word or phrase that has the same or nearly the same meaning as another word or phrase in the same language’. As you might expect, definitions for this word are broadly similar in other dictionaries and yet the italicized

Read More 

climatarian adjective
climatarian adjective
November 23, 2015
choosing to eat a diet that has minimal impact on the climate, i.e. one that excludes food transported a long way or meat whose production gives rise to CO2 emissions Climate change is not normally on people’s minds when they choose what to have for lunch, but a new diet is calling for

Read More