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English definition of “the pink pound”

the pink pound

noun [S]     UK (US the pink dollar)
the money that all gay people together have available to spend : Companies are becoming aware of the power of the pink pound .Relating to sexual preferenceGeneral words for amounts of moneyLarge amounts of moneySmall amounts of money
(Definition of the pink pound noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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