- Also called buying power. the ability to purchase goods and services.
- 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
So, also, money generalizes any purchasing-power in point of time.
And just so, mutatis mutandis, of a fall in the purchasing-power of the coin.