What is the definition of Value added? | Dictionary.net

VALUE ADDED

\vˈaljuː ˈadɪd], \vˈaljuː ˈadɪd], \v_ˈa_l_j_uː ˈa_d_ɪ_d]\

Definitions of VALUE ADDED

1910 - Black's Law Dictionary (2nd edition)

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1. Accounting. Alternate term for Gross income. 2. Economics. Difference of sales revenue and costs to produce. See economic value. 3. Marketing. Creating an advantage over the competition by adding more products to the purchase.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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