GROSS DOMESTIC PRODUCT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does gross domestic product mean? 

• GROSS DOMESTIC PRODUCT (noun)
  The noun GROSS DOMESTIC PRODUCT has 1 sense:

1. the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)

  Familiarity information: GROSS DOMESTIC PRODUCT used as a noun is very rare.

 Dictionary entry details 

• GROSS DOMESTIC PRODUCT (noun)

Sense 1

Meaning:

The measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

GDP; gross domestic product

Hypernyms ("gross domestic product" is a kind of...):

value (the quality (positive or negative) that renders something desirable or valuable)