Word Explorer
Purchasing power
The amount of goods and services that can be bought with a unit of currency.
📖 Definitions of "Purchasing power"
- 1
The amount of goods and services that can be bought with a unit of currency.
"The exchange rates do not always reflect true differences in the purchasing power of currencies."
- 2
The amount of goods and services that can be bought by consumers; available income; spending power.
"High interest rates are affecting the purchasing power of homeowners."
- 3
The ability of a large collective or company to negotiate more favourable prices and terms than a smaller group or company.
"Large supermarkets usually have better purchasing power than small, local shops."
💡 Words with a Similar Meaning to "Purchasing power"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| buying powernoun | Synonym of purchasing power. |
| purchasing power paritynoun | (economics) A theory of long-term equilibrium exchange rates based on relative price levels of two countries. |
| bargaining powernoun | The amount of leverage or influence that a party has in the course of a negotiation. |
| spending powernoun | (economics) The income available to households for spending. |
| burgernomicsnoun | An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries. |
| market powernoun | (economics) The ability of a firm to profitably raise the market price of a good or service over marginal cost; also, the ability to raise it even further above marginal cost than it already is, even despite competitors' attempts to undersell. |
| velocitynoun | (physics) A vector quantity that denotes the rate of change of position with respect to time, combining speed with a directional component. |
| demandnoun | The desire to purchase goods and services. |
| quantificationnoun | The act of quantifying. |
| unit pricenoun | (business, marketing) The price of a standard amount of a good, as of weight or volume. (For example, if the price of a package of biscuits is 100 pesos and the package's net weight is 250 grams, then the biscuits' unit price per kilo is 400 pesos.) |
| purchasenoun | The acquisition of title to, or property in, anything for a price; buying for money or its equivalent. |
| price levelnoun | (economics) An index of the average market price of selected goods weighted according to certain criteria. |
| petrocurrencynoun | The currency of an oil-producing nation which tends to vary in value against other currencies in line with changes in the price of oil. |
| consumer price indexnoun | (economics) A statistical estimate of the level of prices of goods and services bought for consumption purposes by households. |
| purchasingnoun | An act or process of making a purchase. |
| procurementnoun | (countable) The act of procuring or obtaining; obtainment; attainment. |
| exchange valuenoun | (economics, especially Marxism) The proportion at which a commodity can be exchanged for other commodities. |
| purchase pricenoun | (management, accounting) The price at which something is actually purchased, especially from the point of view of the purchaser. |
| unit of accountnoun | (economics, finance, accounting) A standard numerical monetary unit of measurement of the market value of goods, services, and other transactions. |
| unit costnoun | The cost to acquire a unit of a good or service for a specific quantity that is produced or purchased. (For example, if it costs the baker 1000 pesos to produce a batch of biscuits that weigh 50 kilos, then their unit cost per kilo is 20 pesos.) |
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