value-added Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “value-added” in the English Dictionary

"value added" in Business English

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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…
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