English Dictionary

GROSS DOMESTIC PRODUCT

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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)play

  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)


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