purchasing power definition

purchasing power

General: Extent to which a person, firm, or group has available funds to make purchases.

Economics: (1) Money and credit available for spending and consumption of goods and services. Demand and prices cannot rise beyond the available purchasing power. Also called buying power. (2) Exchange rates: Value of money (currency) measured by the quantity and quality of goods and services it can buy.

purchasing power is in the Advertising, Marketing, & Sales, Currency Trading and Economics, Politics, & Society subjects.

purchasing power appears in the definitions of the following terms: cost of living adjustment (COLA), purchasing power parity, contrarian, consumer price index (CPI), inflation accounting, buying power, hire-purchase, innovation, inflation, law of one price and

purchasing power appears in the other terms: current purchasing power (CPP), purchasing power risks

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