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net national product

American  

noun

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


net national product British  

noun

  1.  NNP.  gross national product minus an allowance for the depreciation of capital goods

"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

Etymology

Origin of net national product

First recorded in 1940–45

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