current purchasing power (CPP)

  

Definition

Accounting-measurement showing the effect of inflation on the value of money. To arrive at CPP, historical costs are converted into current prices by using an index such as consumer price index (CPI).

Related Videos




http://www.businessdictionary.com/definition/current-purchasing-power-CPP.html

Have a question about this term? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z