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value added Definition

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value added
adjective(val-ue-add-ed)
of, relating to, or being a product whose value has been increased especially by special manufacturing, marketing, or processing
value added
noun(val-ue-add-ed)
an incremental excise that is levied on the value added at each stage of the processing of a raw material or the production and distribution of a commodity and that typically has the impact of a sales tax on the ultimate consumer

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