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purchasing power

noun

/ˈpɜː.tʃəs.ɪŋ ˈpaʊ.ɚ/

Meaning

The amount of goods and services that can be purchased with a unit of currency.

The financial ability of a person or entity to buy goods and services.

Due to inflation, people's purchasing power has decreased.

Inflation decreases the purchasing power of the currency.

buying capacity, financial strength, consumer power, buying power, spending ability

Entry 1

buying capacity, financial strength, consumer power

Entry 2

buying power, spending ability

weak purchasing power, economic decline, low affordability, impoverishment, deprivation

Entry 1

weak purchasing power, economic decline, low affordability

Entry 2

impoverishment, deprivation

a fact or condition connected with an event or action

a short journey or trip, especially one engaged in as a leisure activity

A local administrator or official who coordinates activities in a specific region.

the faculty or action of forming new ideas or images not present to the senses; creative thinking

Conformity to facts; accuracy and truthfulness.

A solid material that is typically hard, shiny, malleable, fusible, and conductive, such as iron, go...