Purchasing power

noun

Word Frequency: 4.2

Definitions

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; available income; spending power.

"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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