Define: Marginal Value

UK Accounting Glossary

Definition: Marginal Value


Quick Summary of Marginal Value


The value gained from either consuming or producing one additional unit of a product or service.



What is the dictionary definition of Marginal Value?

Dictionary Definition


Marginal Value is the incremental value that is achieved through additional output. It occurs through a product modification that results in an increase in price or unit production.

Marginal value is calculated by subtracting additional input costs from the unit price of the additional output.


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Full Definition of Marginal Value


The value gained from either consuming or producing one additional unit of a product or service.


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Examples of Marginal Value in a sentence


The company were able to increase their marginal value by introducing initiatives that we responsible for enhancing worker’s productivity; in this way, they were able to generate additional units of their products while minimising additional labour costs.



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Marginal Value. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 02, 2020 https://payrollheaven.com/define/marginal-value/.
Chicago Manual of Style (CMS):
Marginal Value. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/marginal-value/ (accessed: April 02, 2020).
American Psychological Association (APA):
Marginal Value. PayrollHeaven.com. Retrieved April 02, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/marginal-value/

Definition Sources


Definitions for Marginal Value are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 27th August 2019.