1. nep - Noun
2. Nep - Proper noun
Catnip.
Source: Webster's dictionaryAfter the severe economic collapse caused by the war, Lenin replaced War Communism with the New Economic Policy (NEP) in 1921, legalising free trade and private ownership of smaller businesses. Source: Internet
Along with a long list of achievements, NEP has also observed several criticisms. Source: Internet
Considered by the Left Communists as a retreat from socialist policies, the NEP reintroduced money, allowed private ownership and capitalistic practices in agriculture, retail trade, and light industry while the state retained control of heavy industry. Source: Internet
For example, a detector with an NEP of can detect a signal power of one picowatt with a signal-to-noise ratio (SNR) of one after one half second of averaging. Source: Internet
Deng pressed the industrialist and former investor in Lenin's Soviet Union for as much information on the NEP as possible. Source: Internet
A smaller NEP corresponds to a more sensitive detector. Source: Internet