Purchasing power

Noun

Definitionen

1.NounThe 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."

2.NounThe amount of goods and services that can be bought by consumers.

"High interest rates are affecting the purchasing power of homeowners."

3.NounThe 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."

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