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Purchasing power

noun

Definitions

Noun
  1. 1
    The amount of goods and services that can be bought with a unit of currency. uncountable

    "The exchange rates do not always reflect true differences in the purchasing power of currencies."

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

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

  3. 3
    The ability of a large collective or company to negotiate more favourable prices and terms than a smaller group or company. uncountable

    "Large supermarkets usually have better purchasing power than small, local shops."

See also for "purchasing power"

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