purchasing power

Definitions

1. The amount of goods and services that can be bought with a unit of currency.
   uncountable
2. The amount of goods and services that can be bought by consumers.
   uncountable
3. The ability of a large collective or company to negotiate more favourable prices and terms than a smaller group or company.
   uncountable

Equivalents

Examples

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

“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.”

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

CEFR level