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Longman Dictionary English

From Longman Business Dictionaryadded valueˌadded ˈvalue [uncountable]MARKETING an increase in the value of something that has been worked on, combined with other things etc so that it can be sold in a new formIn the past, producers ignored the potential 25% added value that could be gained from selling gold as jewellery.Clients will look to computer systems for the answers to all legal questions, and will be willing to pay for personal service only when the added value justifies the expense. → value
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May 09, 2025

pencil
noun ˈpensl
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