purchasing power
pur
ˈpɜ:
cha
ʧə
chē
sing
sɪng
sing
power
paʊə
pawe

Definition & Meaning of "purchasing power"in English

Purchasing power
01

the ability of a person or group to buy goods and services, typically measured by income and the cost of living 

Grammatical Information
Animacy status
Abstract
Composition
Compound
Uncountable
singular
not gender specific
Plural form
purchasing powers
Examples
Higher wages increase your purchasing power, allowing you to buy more. 
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