purchasing power

noun

1
: the amount of money that a person or group has available to spend
Inflation decreases consumer purchasing power.
2
: the value of money thought of as how much it can buy
a decline in the purchasing power of the dollar

Examples of purchasing power in a Sentence

Recent Examples on the Web Their dedicated following didn’t wait to pick up a copy, and all their purchasing power has sent the title back to a number of charts in the U.S. Instagram May Death Never Stop You: The Greatest Hits 2001-2013 returns to four Billboard charts this week. Hugh McIntyre, Forbes, 11 Oct. 2024 Overall, those receiving Social Security benefits saw a string of COLA hikes in recent years that continue to support their purchasing power. Susan Tompor, Detroit Free Press, 10 Oct. 2024 Over the same span, the minimum wage, unchanged since 2007, has lost roughly half its purchasing power. Jason Ma, Fortune, 1 Oct. 2024 The one big opportunity to squeeze costs without reducing services is one President Joe Biden has already partially seized: taking advantage of Medicare’s bulk purchasing power to force the makers of 10 popular prescription drugs to offer lower prices. Matthew Yglesias, Twin Cities, 12 Sep. 2024 See all Example Sentences for purchasing power 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'purchasing 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 purchasing power

Cite this Entry

“Purchasing power.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/purchasing%20power. Accessed 25 Oct. 2024.

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