Value Added

difference between the value of merchandise made by a hired worker to the salary which is paid to him; long term profit which is not money

Value added refers to the additional value created at a particular stage of production or through image and marketing. In modern neoclassical economics, especially in macroeconomics, it refers to the contribution of the factors of production, i.e., land, labor, and capital goods, to raising the value of a product and corresponds to the incomes received by the owners of these factors. The factors of production provide "services" which raise the unit price of a product (X) relative to the cost per unit of intermediate goods used up in the production of X. Value added is shared between the factors of production (capital, labor, also human capital), giving rise to issues of distribution.
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Adjective
1. being or pertaining to something added to a product to increase its value or price; "software supplied by a value-added distributor"; "a value-added tax"
(similar) added

Processed to increase utility or related to such processing.

Definition of this term to be added in next version.