purchasing power

American  

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.

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Etymology

Origin of purchasing power

First recorded in 1815–25

Example Sentences

“For device manufacturers, this is a double whammy,” the analyst says, adding that rising component costs and weakened consumer purchasing power could slow the demand.

From The Wall Street Journal

“Our purchasing power fell so much that I had to drive a taxi in Venezuela just to put bread on the table,” said Carlos Márquez, a former PdVSA employee who now works at a water park in the Canary Islands.

From The Wall Street Journal

When adjusted for purchasing power, its per capita GDP will exceed Japan's this year and reach 80 percent of the European average, according to the IMF and Eurostat.

From Barron's

Monday's strike follows warning strikes last month in several parts of the public sector, as unions sound the alarm over staff shortages and loss of purchasing power for workers.

From Barron's

Apple’s purchasing power and expertise in designing advanced electronics long made it an unrivaled Goliath among the Asian companies that make most of the iPhone’s parts and assemble the device.

From The Wall Street Journal