Definition of purchasing power in English:

purchasing power

noun

mass noun
  • 1The financial ability to buy products and services.

    ‘the younger age group's purchasing power has also increased’
    • ‘Be aware of your purchasing power and remind the lender that other competitors are keen for your business.’
    • ‘This constraint can be generalized to include not only an individual's purchasing power but also a time budget.’
    • ‘Nonetheless, the issuance of financial claims that creates purchasing power augments system liquidity.’
    • ‘He points to experience, purchasing power and brand awareness as the pillars of a successful franchising operation.’
    • ‘It confuses a shift in purchasing power with a net increase of it, wage rates with wage payments.’
    1. 1.1 The value of a sum of money.

Pronunciation

purchasing power

/ˈpəːtʃəsɪŋ ˌpaʊə/