value-added

UK: ˈvæljuːˌædɪd | US: ˈvæljuːˌædɪd

Definition

  1. adj. describing a product or service that has been enhanced with additional features or qualities to increase its worth

  2. adj. (economics) referring to the increase in value at each stage of production

Structure
value <worth>add <increase>ed <past participle suffix>
Etymology

The term combines "value" (from Latin valere, meaning "to be strong/worthy") and "added" (from Latin addere, "to join or attach"). It emerged in economics to describe the incremental worth created during production processes. The "-ed" suffix marks it as a participial adjective, emphasizing the completed action of enhancement.

Examples

  1. The company focuses on value-added services to differentiate itself from competitors.

  2. Farmers are exploring value-added products like organic jams to boost profits.

  3. GDP calculations include the total value-added by all industries.

  4. This software offers value-added features such as automated reporting.

  5. Value-added taxes are applied at each stage of goods distribution.