Definition of “purchasing power” - English Dictionary

british dictionary

(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)

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