purchasing power
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English
Noun
purchasing power (uncountable)
- (economics) The amount of goods and services that can be bought with a unit of currency.
- The exchange rates do not always reflect true differences in the purchasing power of currencies.
- 2013 June 1, “Towards the end of poverty”, in The Economist, volume 407, number 8838, page 11:
- But poverty’s scourge is fiercest below $1.25 (the average of the 15 poorest countries’ own poverty lines, measured in 2005 dollars and adjusted for differences in purchasing power): people below that level live lives that are poor, nasty, brutish and short.
- (economics) The amount of goods and services that can be bought by consumers; available income; spending power.
- High interest rates are affecting the purchasing power of homeowners.
- (business) The ability of a large collective or company to negotiate more favourable prices and terms than a smaller group or company.
- Large supermarkets usually have better purchasing power than small, local shops.
Synonyms
Derived terms
Translations
amount of goods and services that can be purchased with a unit of currency
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income available to households
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ability of company
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