national income

noun
the total net earnings from the production of goods and services in a country over a period of time, usually one year, and consisting essentially of wages, salaries, rent, profits, and interest.


Origin:
1875–80

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To national income
Collins
World English Dictionary
national income
 
n
economics the total of all incomes accruing over a specified period to residents of a country and consisting of wages, salaries, profits, rent, and interest

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Example sentences
And it has pledged to spend two percent of its national income on renewable
  energy deployment in the country.
Poverty rates are much lower there, and national income per working-age
  population is on average higher.
Above all, it would not be deciding what share of national income the
  government should spend.
The latest revision of the national income accounts, released this morning,
  makes the whole productivity acceleration vanish.
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT

;