From Longman Business Dictionaryˈpurchasing ˌpower1[uncountable]theabilityof a person ororganizationto buy things,dependingon the amount of money they have availableSYNBUYING POWER, SPENDING POWERInflation is also caused by too much purchasing power in the economy.2[uncountable]the amount that a...
The meaning of PURCHASING POWER is the amount of money that a person or group has available to spend. How to use purchasing power in a sentence.
The meaning of BUYING POWER is the amount of money that a person or group has available to spend : purchasing power. How to use buying power in a sentence.
From Longman Business DictionaryRelated topics:Trade,Financeˈbuying ˌpower1[uncountable]theabilityof apersonororganizationtobuythings,dependingon theamountof money they haveavailableSYNPURCHASING POWER, SPENDING POWERUnemployment and low wages will mean low local buying power.2[uncountable]the amount tha...
What is the definition of purchasing power?This concept is important in economics, as it has an impact on consumer spending, investment decision-making, and a country’s economic growth. This power takes into account the inflation rate that is calculated by The Bureau of Labor Statistics because...
To a certain extent,to raise wages means increasing purchasing power. 在一定程度上,提高工资意味着增加购买力. 5.指定;预定[H][(+for)][+to-v] The apartment was originally meant for five. 这套房间本来是准备给五口人住的. vi.[W] 1.用意 mean3 KK:[] DJ:[] a.[B] 1.中间的,中等的,...
Finally,add some extra money to make saving possible.If you can,keep your child’s allowance in line with that of his friends.A child whose purchasing power falls away below his peers’ can feel left out.It can be tough,but avoid excusing your children when they make a mistake with ...
Real Rate of Return vs. Nominal Rate of Return The simple rate of return is considered anominal rate of returnsince it does not account for the effect of inflation over time. Inflation reduces the purchasing power of money, and so $335,000 six years from now is not the same as $335,...
Radames J. BFor as long as I can remember during my half century of managing people's money and estates, it...Caldwell, Roland GDissertations & Theses Gradworks
Purchasing Power of a Currency Indexation can also maintain a stable real price of a good or service relative to the purchasing power of a currency unit. A price or asset value is linked to the price level of a basket of goods, which is usually set equal to 100. Price indexes are commo...