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purchasing power

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noun
  1. Also called buying power. the ability to purchase goods and services.
  2. the value of money in terms of what it can buy at a specified time compared to what it could buy at some period established as a base: the purchasing power of the dollar.

Origin of purchasing power

First recorded in 1815–25
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for purchasing power

Historical Examples

  • So, also, money generalizes any purchasing-power in point of time.

    Principles of Political Economy

    Arthur Latham Perry

  • And just so, mutatis mutandis, of a fall in the purchasing-power of the coin.