Gross Domestic Product (GDP)

Business / Agriculture / Gross Domestic Product (GDP): Gross domestic product is a measure of the total production and consumption of goods and services in the United States. The Bureau of Economic Analysis constructs two complementary measures of GDP, one based on income and one based on expenditures. It is measured on the product side by adding up the labor, capital, and tax costs of producing the output. On the expenditure side, GDP is measured by adding up expenditures by households, businesses, government and net foreign purchases. Theoretically, these two measures should be equal. However, due to problems collecting data, there is often a discrepancy between the two measures. The GDP price deflator is used to convert output measured at current prices into constant-dollar GDP.

Other Words for Domestic

Domestic Noun Synonyms: home, private, family, familial, residential, household
Domestic Adjective Synonyms: tame, domesticated, house-trained, house-broken
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Other Words for Gross

Gross Noun Synonyms: fat, obese, corpulent, overweight, big, large, bulky, great, heavy, ponderous, massive, cumbersome, unwieldy
Gross Verb Synonyms: total, aggregate, entire, pre-tax, (all-)inclusive, overall, whole
Gross Adjective Synonyms: coarse, vulgar, crude, unsophisticated, uncultured, uncultivated, earthy, crass, indelicate, indecent, inappropriate, unseemly, improper, unrefined, bawdy, ribald, Rabelaisian, raw, rude, offensive, obscene, lewd, dirty, smutty, pornographic, filthy
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Other Words for Product

Product Noun Synonyms: result, consequence, output, outcome, issue, effect, fallout, yield, upshot, spin-off, offshoot, by-product
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Gross National Product (GNP)

Business / Finance / Gross National Product (GNP): Net Sales less cost of sales (including both fixed and variable costs), often expressed as a percentage of sales. Also referred to as gross profit. MORE

Point-Of-Service (POS) Product

Health / Health Insurance / Point-Of-Service (POS) Product: A healthcare option that allows members to choose at the time medical services are needed whether they will go to a provider within the plan's network or seek medical care outside the network. MORE

Post Production

Entertainment / Video Games / Post Production: A phase in the creation of a game that occurs after all the graphics, sounds, and code have been created. During this phase, the majority of the development staff has moved on to other projects, but t MORE

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