spending power Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “spending power” in the English Dictionary

"spending power" in Business English

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spending powernoun [U]

uk   us   ECONOMICS
the degree to which ​people have ​money to ​buyproducts and ​services: The ​growth in ​employment and ​wages gives ​consumers some ​spendingpower to ​absorb the ​highercost of ​energy.
(Definition of spending power from the Cambridge Business English Dictionary © Cambridge University Press)
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