Purchasing Power Parity (PPP) refers to the economic metric used to compare the relative value of currencies in terms of their ability to purchase goods and services across different countries. AI generated definition based on: Environmental Development, 2018 ...
Related to purchasing: Purchasing power paritypur·chase (pûr′chĭs) tr.v. pur·chased, pur·chas·ing, pur·chas·es 1. To obtain in exchange for money or its equivalent; buy. 2. To acquire by effort; earn: purchased the victory with the loss of many lives. 3. To pull or ...