1.
added value, value added
Additional value created through processing, service, or enhancement. Used in business and economics for the extra worth added to a product or service beyond its raw cost.
Compound of 付加 (addition) + 価値 (value). A key term in business and economics.
Common collocations
- 付加価値の高い (high-value-added)
- 付加価値を付ける (to add value)
- 付加価値を生む (to generate added value)
- 付加価値税 (value-added tax, VAT)
Usage
付加価値税 is the formal term for VAT. In Japan, the equivalent is 消費税 (consumption tax), though 付加価値税 is used when discussing tax systems internationally.