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purchasing 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 of purchasing power
1815-1825
1815-25
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the Web for purchasing power
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Historical Examples
  • But what about value in a situation where there are differences in 'purchasing power'?

    The Value of Money Benjamin M. Anderson, Jr.
  • This purchasing power was at first by no means fixed or constant.

    Robinson Crusoe's Money; David A. Wells
  • The latter is the purchasing power of money, a relative concept, exactly expressed in the price-level.

    The Value of Money Benjamin M. Anderson, Jr.
  • There has been no decrease whatever in the purchasing power of the rupee in India.

    Money John P. Jones
  • The salaries lag after the cost of living and the purchasing power of households is eroded.

    After the Rain Sam Vaknin

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18
22
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