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Definition: Gross

SNA 1993

The term "gross" is a common means of referring to values before deducting consumption of fixed capital (generally used as in "gross capital stock" or "gross domestic product"); all the major balancing items in the accounts from value added through to saving may be recorded gross or net.
Source:
United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993, § 6.201
Created:
2005-02-02
Updated:
2019-05-10

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