purchasing power - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “purchasing power”

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purchasing power

noun [U]
 
 
ECONOMICS
a measure of how much one unit of a particular currency can buy at a particular time: The purchasing power of the dollar was much greater in the 1960s than now.
Translations of “purchasing power”
in Chinese (Traditional) 購買力, 貨幣的購買力…
in Chinese (Simplified) 购买力, 货币的购买力…
(Definition of purchasing power from the Cambridge Business English Dictionary © Cambridge University Press)
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