Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “spending power”

spending power

noun [U]     ECONOMICS
the degree to which people have money to buy products and services: The growth in employment and wages gives consumers some spending power to absorb the higher cost of energy. → Compare purchasing power
(Definition of spending power noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of spending power

Word of the Day

friendship

a situation in which two people are friends

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More