Meaning of “buying power” in the English Dictionary

business-english dictionary
Contents

"buying power" in Business English

See all translations

buying powernoun [ U ]

uk us 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” from the Cambridge Business English Dictionary © Cambridge University Press)