Net output is an accounting concept used in national accounts such as the United Nations System of National Accounts (UNSNA) and the NIPAs, and sometimes in corporate or government accounts. The concept was originally invented to measure the total net addition to a country`s stock of wealth created by production during an accounting interval. The....
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http://en.wikipedia.org/wiki/Net_output
The output of a product that is available for final users, after deducting amounts of it used up as an intermediate input in producing itself and other products. Contrasts with gross output.
Found on
http://www-personal.umich.edu/~alandear/glossary/n.html
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