net national pro-duct

noun

the gross national product less allowance for depreciation of capital goods. Abbreviation: NNP

Origin:
1940–45

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source

Collins

World English Dictionary

net national product

—n
	NNP gross national product minus an allowance for the depreciation of capital goods

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

00:10

Net national pro-duct is always a great word to know.

So is lollapalooza. Does it mean:

a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.

an extraordinary or unusual thing, person, or event; an exceptional example or instance.

LEARN MORE UNUSUAL WORDS WITH WORD DYNAMO...

Matching Quote

"The decision of the Supreme Court in the income taxes cases deprived the National Government of a power which, by reasons of previous decisions of the court, it was generally supposed that Government had. It is undoubtedly a power the National Government ought to have.... I therefore recommend to the Congress that both Houses, by a two-thirds vote, shall propose an amendment to the Constitution conferring the power to levy an income tax upon the National Government without apportionment among the States in proportion to population ... and second, the enactment, as part of the pending revenue measure, either as a substitute for, or in addition to, the inheritance tax, an excise tax upon all corporations, measured by 2 percent of their net income."

-William Howard Taft

Use Dictionary.com faster without ads >>

net national pro-duct

net national product