noun. ['ˌproʊdəkˈtɪvəti, ˌproʊdəkˈtɪvɪti'] the quality of being productive or having the power to produce.
noun. ['ˌproʊdəkˈtɪvəti, ˌproʊdəkˈtɪvɪti'] (economics) the ratio of the quantity and quality of units produced to the labor per unit of time.