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gross national product

Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun The total market value of all the goods and services produced by a nation during a specified period.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun economics The total market value of all the goods and services produced by a nation (citizens of a country, whether living at home or abroad) during a specified period

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr)

Etymologies

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