purchasing power

Definitions

1. 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. 2

   The amount of goods and services that can be bought by consumers.

   • High interest rates are affecting the purchasing power of homeowners.
3. 3

   The ability of a large collective or company to negotiate more favourable prices and…

   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.

The neighborhood