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)

Credits