Meaning of the word "purchasing power" in English
What does "purchasing power" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
purchasing power
US /ˈpɝː.tʃə.sɪŋ ˌpaʊ.ɚ/
UK /ˈpɝː.tʃə.sɪŋ ˌpaʊ.ɚ/
Noun
1.
the ability to buy goods and services
Example:
•
Inflation erodes the purchasing power of money.
•
Higher wages can increase consumer purchasing power.
Synonym:
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