added bit - meaning and definition. What is added bit
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What (who) is added bit - definition

AMERICAN MUSICIAN
Every Little Bit Added to What You've Got Makes Just a Little Bit More; Dillon, William
  • Sheet music cover to 1907's ''Every Little Bit Added To What You've Got Makes Just a Little Bit More'' by William and brother Lawrence

value added         
IN ECONOMICS
Value-add; Value-added; Value added good; Value add; Added cost; Value added ratio; Value-Added; Value-adding; Add value; VALUE ADDED ACTIVITY; Value added product; Value-added product
¦ 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.
Economic value added         
VALUE OF A FIRM'S PROFIT AFTER DEDUCTION OF CAPITAL COSTS
Economic Value Added
In corporate finance, as part of fundamental analysis, economic value added is an estimate of a firm's economic profit, or the value created in excess of the required return of the company's shareholders. EVA is the net profit less the capital charge ($) for raising the firm's capital.
Bit (horse)         
  • Horse skull showing the large gap between the front teeth and the back teeth. The bit sits in this gap, and extends beyond from side to side.
TYPE OF HORSE TACK
Horse bit; Horse bits; Champing at the bit; Chomping at the bit; Horse's bit; Horsebit
The bit is an item of a horse's tack. It usually refers to the assembly of components that contacts and controls the horse's mouth, and includes the shanks, rings, cheekpads and mullen, all described here below, but it also sometimes simply refers to the mullen, the piece that fits inside the horse's mouth.

Wikipedia

William Dillon

William Austin Dillon (November 6, 1877 – February 10, 1966) was an American songwriter and Vaudevillian. He is best known as the lyricist for the song "I Want A Girl (Just Like The Girl That Married Dear Old Dad)" (1911), written in collaboration with Harry Von Tilzer. It can be heard in Show Business (1944) and The Jolson Story (1946). He was born in Cortland, New York and performed at some point in Vaudeville with his brothers John and Harry. He billed his own act as the "man of a thousand songs".

He quit vaudeville around 1912 after injuries suffered in a car accident. Dillon died in Ithaca, New York on February 10, 1966. He married in 1918 to Georgia Leola Head, daughter of George and Mary (Steen) Head.

Examples of use of added bit
1. There are rumours of private cargoes being circulated from the Eastern Med–iterranean which is the added bit of spice needed to support current rate levels.