English / word
purchasing power
noun_phrase B2MEANING IN ENGLISH
The financial ability to buy goods and services; the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.
In context
01
Due to inflation, people's purchasing power has decreased.
02
Inflation decreases the purchasing power of the currency.
Synonyms
buying capacity,financial strength,consumer power
Antonyms
weak purchasing power,low affordability,impoverishment
Collocations
consumer purchasing power,decline in purchasing power,erode purchasing power