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English definition of “buying power”

buying power

noun [U]     ECONOMICS, FINANCE
the ability of a person, group, or company to buy things, or the amount of money they have available to spend: Any rival is unlikely to touch the buying power of such a large corporation.
the amount of goods or services that money can buy: Increasing your contributions by 5% a year will double the buying power of your pension. The buying power of the British pound has rarely been stronger.
(Definition of buying power noun from the Cambridge Business English Dictionary © Cambridge University Press)
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