net national product

noun

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

Compare national income.

Origin of net national product

First recorded in 1940–45

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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