GROSS DOMESTIC PRODUCT

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

The measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)

Synonyms:

GDP; gross domestic product

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("gross domestic product" is a kind of...):

value (the quality (positive or negative) that renders something desirable or valuable)

Credits