gross national product (GNP)
Definition:
The total value of a country's output of goods and services within a defined time period (usually a year) prior to the deduction of depreciation and capital consumption.
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© Westburn Publishers Ltd 2002, The Westburn Dictionary of Marketing edited by Michael J Baker, ISBN 978-0-946433-01-8. www.themarketingdictionary.com. Entry: [Michael J. Baker],.