purchasing power
Use Purchasing power in a sentencepurchasing power
noun
1.
Also called buying power. the ability to purchase goods and services.
2.
the value of money in terms of what it can buy at a specified time compared to what it could buy at some period established as a base: the purchasing power of the dollar.
Origin:
1815–25
1815–25
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source
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Purchasing power
is always a great word to know.
So is flibbertigibbet. Does it mean:
| a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison. |
| a chattering or flighty, light-headed person. |
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Example sentences
Instead, they became hooked on credit and the ability to extract purchasing power from the housing bubble.
After all, the government could realize marvelous economies of scale and huge cost savings from its enormous purchasing power.
Don't be surprised when our purchasing power eventually dwindles.
In other words, the purchasing power of money has declined.
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