Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “purchasing power”

See all translations

purchasing power

noun [U] uk   us  
A person's purchasing power is their ability to buy goods: The purchasing power of people living on investment income has fallen as interest rates have gone down. the value of money considered as the amount of goods it will buy: The purchasing power of the average hourly wage has risen in the last five years.
Translations of “purchasing power”
in Chinese (Traditional) 購買力, 貨幣的購買力…
in Chinese (Simplified) 购买力, 货币的购买力…
(Definition of purchasing power from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
What is the pronunciation of purchasing power?
Add Cambridge dictionaries to your browser to your website

Definitions of “purchasing power” in other dictionaries

Word of the Day

punt

a long, narrow boat with a flat bottom and a square area at each end, moved by a person standing on one of the square areas and pushing a long pole against the bottom of the river

Word of the Day

Byronic, Orwellian and Darwinian: adjectives from names.

by Liz Walter,
April 15, 2015
Becoming an adjective is a strange kind of memorial, but it is often a sign of a person having had real influence on the world. Science is full of examples, from Hippocrates, the Greek medic born around 460 BC, who gave his name to the Hippocratic Oath still used by doctors today,

Read More 

dumbwalking noun

April 20, 2015
walking slowly, without paying attention to the world around you because you are consulting a smartphone He told me dumbwalking probably wouldn’t be a long-term problem.

Read More