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GMP

/ˈdʒiː ɛm ˈpiː/ · g·m·p
noun
  1. Good manufacturing practice, a system of regulations and guidelines that ensures products are consistently produced and controlled according to quality standards. The pharmaceutical company upgraded its facilities to meet GMP requirements before the FDA inspection.
  2. GNU Multiple Precision, a free software library for arbitrary‑precision arithmetic used in computer programming. The cryptographic algorithm relied on the GMP library for handling large integer calculations.
  3. Generalized Method of Moments, a statistical estimation technique that uses sample moments to estimate parameters of economic models. The economist applied GMP to estimate the parameters of the dynamic panel data model.
Did you know? The GMP acronym was first formalized in the 1960s FDA guidelines, but the GNU Multiple Precision library, created in 1991, gave the same three letters a completely different, yet globally recognized, technical meaning.
Written by Lexi Wordsworth, Dictionary Editor 0 lookups Added Jul 21, 2026