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ALL meanings of national income

na·tion·al in·come
N n
  • noun national income econ: all residents' incomes 1
  • noun national income the total net earnings from the production of goods and services in a country over a period of time, usually one year, and consisting essentially of wages, salaries, rent, profits, and interest. 1
  • noun national income the total of all incomes accruing over a specified period to residents of a country and consisting of wages, salaries, profits, rent, and interest 0
  • noun national income the total income earned by a nation's productive factors, including all profits, rents, wages, etc., during a specified period, usually a year; net national product minus indirect business taxes 0
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