purchasing power
noun
Also called buying power.
the ability to purchase goods and services.
the value of money in terms of what it can buy at a specified time compared to what it could buy at some period established as a base: the purchasing power of the dollar.
Origin of purchasing power
First recorded in 1815–25
Words nearby purchasing power
purchasable,
purchase,
purchase ledger,
purchase tax,
purchasing agent,
purchasing power,
purdah,
purdonium,
purdy,
pure,
pure absence
Example sentences from the Web for purchasing power
So, also, money generalizes any purchasing-power in point of time.
Principles of Political Economy |Arthur Latham PerryAnd just so, mutatis mutandis, of a fall in the purchasing-power of the coin.
Principles of Political Economy |Arthur Latham Perry