purchasing power


noun

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. 2019

Related Words for purchasing power

earnings

Examples from the Web for purchasing power

Historical Examples of purchasing power