Meaning of purchasing power | Babel Free

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