buying power
noun
: the amount of money that a person or group has available to spend : purchasing power
Inflation decreases consumer buying power.
a multinational corporation with a tremendous amount of buying power
Examples of buying power in a Sentence
Recent Examples on the Web
Imagine the buying power of a 7% mortgage for a borrower devoting 40% of those 75th percentage wages to the house payment.
—
Jonathan Lansner, Orange County Register, 12 June 2024
In a report by CNBC, Black people’s buying power in 2019 was $1.4 trillion; and that number is expected to hit $1.8 trillion this year.
—Ronny Maye, Essence, 4 June 2024
In addition to direct financial support, the Chinese government has helped domestic technology companies through other means—by using government buying power, for example, to increase demand for solar panels.
—Dan Wang, Foreign Affairs, 29 July 2021
In foreign exchange markets, the dollar’s value is strong right now—the greenback has more buying power than it’s had for almost 20 years.
—Dylan Sloan, Fortune, 20 May 2024
The buying power of the federal minimum wage, stuck at $7.25 per hour since 2009, has been further eroded due to inflation.
—Erik Loomis, The Conversation, 16 May 2024
But a year and a half ago, that equation flipped, and workers’ buying power began to rise again.
—Leonardo Bevilacqua, The Christian Science Monitor, 16 Apr. 2024
The First Movers Coalition, an organization of more than 90 companies, has an initiative announced in 2021 to create greater demand for low-carbon cement through their immense buying power.
—Isabella O'Malley, Quartz, 11 Apr. 2024
Salary cap With a nearly $80 million surplus expected for free agency spending, no team is set up to have more buying power than the Commanders – and the nation’s capital could again be a choice destination now that former owner Dan Snyder is finally but a bitter memory.
—Nate Davis, USA TODAY, 9 Jan. 2024
Jonathan Lansner, Orange County Register, 12 June 2024
In a report by CNBC, Black people’s buying power in 2019 was $1.4 trillion; and that number is expected to hit $1.8 trillion this year.
—Ronny Maye, Essence, 4 June 2024
In addition to direct financial support, the Chinese government has helped domestic technology companies through other means—by using government buying power, for example, to increase demand for solar panels.
—Dan Wang, Foreign Affairs, 29 July 2021
In foreign exchange markets, the dollar’s value is strong right now—the greenback has more buying power than it’s had for almost 20 years.
—Dylan Sloan, Fortune, 20 May 2024
The buying power of the federal minimum wage, stuck at $7.25 per hour since 2009, has been further eroded due to inflation.
—Erik Loomis, The Conversation, 16 May 2024
But a year and a half ago, that equation flipped, and workers’ buying power began to rise again.
—Leonardo Bevilacqua, The Christian Science Monitor, 16 Apr. 2024
The First Movers Coalition, an organization of more than 90 companies, has an initiative announced in 2021 to create greater demand for low-carbon cement through their immense buying power.
—Isabella O'Malley, Quartz, 11 Apr. 2024
Salary cap With a nearly $80 million surplus expected for free agency spending, no team is set up to have more buying power than the Commanders – and the nation’s capital could again be a choice destination now that former owner Dan Snyder is finally but a bitter memory.
—Nate Davis, USA TODAY, 9 Jan. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'buying power.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near buying power
Cite this Entry
“Buying power.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/buying%20power. Accessed 17 Jun. 2024.
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