English

Definition of purchasing power noun from the Oxford Advanced Learner's Dictionary

     

    purchasing power

     noun
    noun
    BrE
     
    ; NAmE
     
    [uncountable]
     
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  1. 1money that people have available to buy goods with The cost of houses has risen faster than purchasing power.
  2. 2the amount that a unit of money can buy the peso’s purchasing power
See the Oxford Advanced American Dictionary entry: purchasing power