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purchasing power

noun

Simple Definition of purchasing power

  • : the amount of money that a person or group has available to spend

  • : the value of money thought of as how much it can buy

Source: Merriam-Webster's Learner's Dictionary

Full Definition of purchasing power

  1. 1 :  the amount of money that a person or group has available to spend <Inflation decreases consumer purchasing power.>

  2. 2 :  the value of money thought of as how much it can buy <a decline in the purchasing power of the dollar>

Word by Word Definitions

purchaseplay purchasing
  1. :  gain, acquire

    :  to acquire (real estate) by means other than descent

    :  to obtain by paying money or its equivalent :  buy

  1. :  an act or instance of purchasing

    :  something obtained especially for a price in money or its equivalent

    :  a mechanical hold or advantage applied to the raising or moving of heavy bodies

powerplay
  1. :  ability to act or produce an effect

    :  ability to get extra-base hits

    :  capacity for being acted upon or undergoing an effect

  1. :  to supply with power and especially motive power

    :  to give impetus to

    :  to move about by means of motive power

  1. :  operated mechanically or electrically rather than manually

    :  of, relating to, or utilizing strength

    :  powerful


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