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value added

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
value added
n
(Economics) the difference between the total revenues of a firm, industry, etc., and its total purchases from other firms, industries, etc. The aggregate of values added throughout an economy (gross value added) represents that economy's gross domestic product


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On her return from a weeklong visit of Dubai and other UAE states where she successfully launched her winter outfits, the Fashion icon told mediamen here that the constant export of these items has already pushed up their prices to new heights, ultimately increasing the cost of production at home and making it difficult to export our value added products.
ISLAMABAD, September 03, 2009 (Frontier Star): Finance Minister Shaukat Tarin has said imposition of Value Added Tax (VAT) on private services and at retail level will generate additional revenue of Rs 600 billion.
Lithuania's parliament has approved the amendments to the law on value added tax, raising the VAT tariff from 19 percent to 21 percent.
 
 
 
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