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            purchasing power

            Definitions (2)
            Related Terms
            1. General: Extent to which a person, firm, or group has available funds to make purchases.
            2. 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.

            Use 'purchasing power' in a Sentence

            You should always try and have enough purchasing power on hand to be able to strike when a good deal presents.
            16 people found this helpful
            I wanted to go shopping with him because he had a lot of purchasing power and I knew he would be able to buy me really expensive stuff.
            15 people found this helpful
            You should always try and keep enough liquidity on hand for purchasing power to be able to make a purchase if a great deal comes about.
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