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purchasing power

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
1815-1825
First recorded in 1815-25
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for purchasing power
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Historical Examples
  • This purchasing power was at first by no means fixed or constant.

    Robinson Crusoe's Money; David A. Wells
  • So long as there was but a small quantity of gold, its purchasing power was large.

    Robinson Crusoe's Money; David A. Wells
  • In purchasing power that sum would now be represented by a million and a quarter.

    London Walter Besant
  • The purchasing power of money is in direct proportion to the volume of money existing.

    Money John P. Jones
  • There has been no decrease whatever in the purchasing power of the rupee in India.

    Money John P. Jones

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