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 The move could also indirectly regulate the AI industry using the government’s own substantial purchasing power. Brian Fung, CNN, 28 Mar. 2024 By methodically lowering the block reward, the Halving event aims to prevent inflation and maintain the purchasing power of Bitcoin. Sandy Carter, Forbes, 28 Mar. 2024 People’s purchasing power is under pressure with inflation and gas prices and all the rest of it. Elsa Keslassy, Variety, 21 Mar. 2024 Many Americans, meanwhile, are benefitting because typical pay increases have topped inflation the past year, giving them more purchasing power. Paul Davidson, USA TODAY, 5 Apr. 2024 By leveraging the purchasing power of large corporations and institutions, women business owners can gain access to stable revenue streams and long-term growth opportunities. Rohit Arora, Forbes, 30 Mar. 2024 In turn, China has invested in its own chips and smartphone parts, while its consumers have used their purchasing power to show solidarity for its domestic smartphone maker. Sunny Nagpaul, Fortune, 25 Mar. 2024 Kruger also helped run the Grow Solar Greater Milwaukee program, which allows homeowners and businesses to pool their purchasing power to buy solar panels at a lower cost. Claudia Levens, Journal Sentinel, 19 Mar. 2024 Digital sales are supported by Gen Z’s purchasing power, which according to Bain and Company, will grow three times faster than that of other generations. Naveen Jaggi, Forbes, 23 Feb. 2024

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 23 Apr. 2024.

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