By Product with Example?

byproduct Add to list Share. When the process of making one thing results in a second product as well, that second thing is called a byproduct. Molasses, for example, is a byproduct of refining sugar. ... Sawdust is a byproduct of the lumber industry, and feathers are a byproduct of poultry processing.

What do we mean by byproduct?

1 : something produced in a usually industrial or biological process in addition to the principal product Sulfured molasses is a by-product of sugar refining.—

What is an example of by-product pricing?

Setting the price for by-products in order to make the price of the main product more competitive. For example, in producing processed meats, chemicals, or oil there are often by-products, which – if they had to be disposed of – would make the main product uncompetitive.

Alexander Ross

Alexander Ross

Gaming, Esports & Interactive Media Writer

Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.