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

purchasing power

noun
 
/ˈpɜːtʃəsɪŋ paʊə(r)/
 
/ˈpɜːrtʃəsɪŋ paʊər/
[uncountable]
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  1. money that people have available to buy goods with
    • The cost of houses has risen faster than purchasing power.
  2. the amount that a unit of money can buy
    • the peso’s purchasing power
See purchasing power in the Oxford Advanced American DictionarySee purchasing power in the Oxford Learner's Dictionary of Academic English
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Nearby words

aspiration
noun
 
 
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