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.

Word History and Origins

Origin of purchasing power¹

First recorded in 1815–25

Example Sentences

Beyond incentives and demonstrating its own purchasing power, environmental advocates say, California and local regulators must continue to adopt innovative regulations within their own authority.

From Los Angeles Times

The rationale behind their higher rates is unclear, but Dr Deborah Elms, head of trade policy at the Hinrich Foundation, suggests their limited market access, low purchasing power, and close ties with China may have influenced the White House's decision.

From BBC

The announcement also strengthened the Japanese yen against the US dollar, giving manufacturers more purchasing power to buy the raw materials they need to expand their businesses.

From BBC

“But we have to recognize that the state, institutions and both local and foreign businesses offer different treatment to those with greater purchasing power.”

From Los Angeles Times

Canada ditched its one cent coin in 2012, citing the cost of minting it and its falling purchasing power due to higher prices.

From BBC