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purchasing power
Americannoun
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Also called buying power. the ability to purchase goods and services.
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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.
Etymology
Origin of purchasing power
First recorded in 1815–25
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.