net national product

noun

: the net value of the goods and services produced in a nation during a specific period (as a year) computed by subtracting from the gross national product charges for depreciation of capital assets compare national income

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Dictionary Entries Near net national product

Cite this Entry

“Net national product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/net%20national%20product. Accessed 30 Nov. 2022.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!


The Great British Vocabulary Quiz

  • union jack speech bubble
  • Named after Sir Robert Peel, what are British police called?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Universal Daily Crossword

A daily challenge for crossword fanatics.

TAKE THE QUIZ