purchasing power
noun/ˈpɜːtʃəsɪŋ paʊə(r)/
/ˈpɜːrtʃəsɪŋ paʊər/
[uncountable]- money that people have available to buy goods with
- The cost of houses has risen faster than purchasing power.
Want to learn more?
Find out which words work together and produce more natural sounding English with the Oxford Collocations Dictionary app.
- the amount that a unit of money can buy
- the peso’s purchasing power
Check pronunciation:
purchasing power