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


    purchasing power

    BrE BrE//ˈpɜːtʃəsɪŋ paʊə(r)//
    ; NAmE NAmE//ˈpɜːrtʃəsɪŋ paʊər//
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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