Merriam-Webster Logo
SINCE 1828
Menu
dictionary thesaurus

purchasing power parity

noun

Definition of purchasing power parity

: the ratio between the currencies of two countries at which each currency when exchanged for the other will purchase the same quantity of goods as it purchases at home excluding customs duties and costs of transport — compare par

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Learn More about purchasing power parity

Statistics for purchasing power parity

Look-up Popularity

Comments on purchasing power parity

What made you want to look up purchasing power parity? Please tell us where you read or heard it (including the quote, if possible).

Show Comments  Hide Comments 

WORD OF THE DAY

gritty

Listen to the pronounciation of gritty

showing courage and determination

Get Word of the Day daily email!

Test Your Vocabulary

Words for Summer: A Quiz

  • a closeup of a sunflower
  • Which of the following words means “of or relating to summer”?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Word Winder's CrossWinder

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

Words at Play
Ask the Editors
Word Games