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

Preserve your purchasing power and keep an eye on your tax brackets.

From MarketWatch

Less debt service = greater ability to withstand downside shocks to purchasing power.

From Barron's

Another method, purchasing power parity, shows how much Chinese can purchase at home.

From The Wall Street Journal

Rising wages in tradable sectors give households the purchasing power to absorb rising service costs.

From MarketWatch

Over the past three-and-a-half decades, India's software industry has created millions of white-collar jobs, spawning a new middle class driven by high ambition and strong purchasing power.

From BBC