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National income Definition from Business & Finance Dictionaries & Glossaries
BTS Transportation Expressions
The aggregate earnings of labor and property which arise in the current production of goods and services by the nation's economy. (DOE6)By the Bureau of Transportation Statistics.
Raynet Business & Marketing Glossary
the income earned by a country's people, including labour and capital investment.Copyright © 2001, Ray Wright
National income Definition from Social Science Dictionaries & Glossaries
BEA Economic Analysis Glossary
The sum of all incomes, net of consumption of fixed capital (CFC), earned in production. Includes both factor incomes and nonfactor charges. It formerly excluded nonfactor charges.Source: U.S. Bureau of Economic Analysis
National income Definition from Encyclopedia Dictionaries & Glossaries
Wikipedia English - The Free Encyclopedia
A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), and net national income (NNI). All are specially concerned with counting the total amount of goods and services produced within some "boundary". The boundary is usually defined by geography or citizenship, and may also restrict the goods and services that are counted. For instance, some measures count only goods and services that are exchanged for money, excluding bartered goods, while other measures may attempt to include bartered goods by imputing monetary values to them.
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National income Definition from Language, Idioms & Slang Dictionaries & Glossaries
1. the total value of all income in a nation (wages and profits and interest and rents and pension payments) during a given period (usually 1 yr)