from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The total market value of all the goods and services produced by a nation during a specified period.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun economics The
total market valueof all the goodsand servicesproduced by a nation(citizens of a country, whether living at home or abroad) during a specified period
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr)
Sorry, no etymologies found.
Sorry, no example sentences found.