purchasing power noun
[noncount] 1 : the amount of money that a person or group has available to spend
▪ Inflation decreases consumer purchasing power. —called also buying power 2 : the value of money thought of as how much it can buy
▪ a decline in the purchasing power of the dollar
▪ Inflation decreases consumer purchasing power. —called also buying power
▪ a decline in the purchasing power of the dollar
