Definitions for "Value Added"
The parts of the process that add worth from the perspective of the external customer.
The value of a firm's output minus the value of inputs from other firms which it has used in production.
The value of output minus the value of all intermediate inputs, representing therefore the contribution of, and payments to, primary factors of production.
The notion of additional benefit being provided by some activity or service.
Keywords:  concept, economic
an economic concept
Keywords:  wage, deriving, industry, sum, less
the sum of all income deriving from an industry, including wage income and owner income, less business taxes.
Increased or improved value, worth, functionality or usefulness.