English

Noun

purchasing power ‎(uncountable)

1. (economics)  The amount of goods and services that can be bought with a unit of currency or by consumers.
   • 2013 June 1, “Towards the end of poverty”, in The Economist, volume 407, number 8838, page 11:

     But poverty’s scourge is fiercest below $1.25 (the average of the 15 poorest countries’ own poverty lines, measured in 2005 dollars and adjusted for differences in purchasing power): people below that level live lives that are poor, nasty, brutish and short.

   High interest rates are affecting the purchasing power of homeowners.‎

   The exchange rates do not always reflect true differences in the purchasing power of currencies.‎

2. (business)  The ability of a large collective or company to negotiate more favourable prices and terms than a smaller group or company.

   Large supermarkets usually have better purchasing power than small, local shops.‎

Synonyms

• buying power

Translations