PURCHASING POWER


Meaning of PURCHASING POWER in English

ˈpurchasing ˌpower BrE AmE noun [uncountable]

1 . the amount of money that a person or group has available to spend:

increases in purchasing power

2 . the amount that a unit of money can buy:

The purchasing power of the local currency has halved.

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.