■ noun Economics
1》 the amount by which the value of an article is increased at each stage of its production, exclusive of initial costs.
2》 the addition of features to a basic line or model for which the buyer is prepared to pay extra.
■ noun Economics
1》 the amount by which the value of an article is increased at each stage of its production, exclusive of initial costs.
2》 the addition of features to a basic line or model for which the buyer is prepared to pay extra.
Concise Oxford English vocab. Сжатый оксфордский словарь английского языка. 2004