gross domestic product
Use Gross domestic product in a sentencegross domestic product
noun
gross national product excluding payments on foreign investments. Abbreviation: gdp
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
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Link To gross domestic product
Collins
World English Dictionary
| gross domestic product | |
| —n | |
| GDP the total value of all goods and services produced domestically by a nation during a year. It is equivalent to gross national product minus net investment incomes from foreign nations | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Gross domestic product
is always a great word to know.
So is zedonk. Does it mean:
| a screen or mat covered with a dark material for shielding a camera lens from excess light or glare. |
| the offspring of a zebra and a donkey. |
American Heritage
Cultural Dictionary
gross domestic product (GDP) The monetary value of all of a nation's goods and services produced within a nation's borders and within a particular period of time, such as a year. It became the official measure of the U.S. economy in 1991. It replaced “gross national product,” which covered all goods and services produced by U.S. residents regardless of where they were working.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Example sentences
The shortcoming is in the way imports are accounted for in measures of gross domestic product and worker productivity.
Gross domestic product is of course an imperfect measure of improving living standards, primarily because it is incomplete.
In the last three decades, gross domestic product doubled but the typical worker's real wages barely increased.
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