By-product : By-product Definition & Meaning

By-product

20 Sep 2024 —

A By-product or byproduct is a secondary product derived from a production process, manufacturing process or chemical reaction; it is not the primary product or .... The meaning of By-product is something produced in a usually industrial or biological process in addition to the principal product.. By-product (n.) also byproduct, "secondary or additional product;" 1849, from by + product.. As stated by finance strategists site, a By-product is a product with a relatively small total value that is produced simultaneously with a ....

A production residue classified as a By-product, on the other hand, represents revenue for the company: a new asset to take care of and which brings in cash ....