gross national product

noun

Definition of gross national product

  1. :  the total value of the goods and services produced by the residents of a nation during a specified period (such as a year)

1923

First Known Use of gross national product

1923


GROSS NATIONAL PRODUCT Defined for English Language Learners

gross national product

noun

Definition of gross national product for English Language Learners

  • : the total value of the goods and services produced by the people of a nation during a year


Law Dictionary

gross national product

noun

Legal Definition of gross national product

  1. :  the total value of the goods and services produced by the residents of a nation during a specified period (as a year)


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