purchasing power
noun/ˈpɜːtʃəsɪŋ paʊə(r)/
/ˈpɜːrtʃəsɪŋ paʊər/
[uncountable]- money that people have available to buy goods with
- The cost of houses has risen faster than purchasing power.
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- the amount that a unit of money can buy
- the peso’s purchasing power
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purchasing power