/ English Dictionary |
GROSS NATIONAL PRODUCT
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
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)
Synonyms:
GNP; gross national product
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("gross national product" is a kind of...):
value (the quality (positive or negative) that renders something desirable or valuable)
Hyponyms (each of the following is a kind of "gross national product"):
real GNP; real gross national product (a version of the GNP that has been adjusted for the effects of inflation)