buying power Meaning in the Cambridge English Dictionary

Meaning of “buying power” in the English Dictionary

"buying power" in Business English

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buying powernoun [U]

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 ​buyingpower 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 ​buyingpower of your ​pension. The ​buyingpower of the British ​pound has rarely been ​stronger.
(Definition of buying power from the Cambridge Business English Dictionary © Cambridge University Press)
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“buying power” in Business English

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