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net national product

noun

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

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Question 1 of 9
You may have read the word "simmer" in a recipe or two, but what does it really mean?
To cook in water that begins cold and then reaches a boil.
To stew in a sauce for a long time.
To cook in water, just below boiling temperature.
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Compare national income.

Origin of net national product

First recorded in 1940–45

Words nearby net national product

neti neti, netiquette, netizen, netman, net meter, net national product, net-net, net neutrality, net present value, net profit, net realizable value
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for net national product

net national product

noun

gross national product minus an allowance for the depreciation of capital goodsAbbreviation: NNP
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012