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Meaning of “purchasing power” in the English Dictionary

"purchasing power" in British English

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(Definition of purchasing power from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"purchasing power" in Business English

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purchasing powernoun [U]

uk   us   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.
(Definition of purchasing power from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “purchasing power”
in Chinese (Simplified) 购买力, 货币的购买力…
in Chinese (Traditional) 購買力, 貨幣的購買力…
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