Purchasing Power

Pronunciation: /ˈpɜːrtʃəsɪŋ ˈpaʊər/

Definitions of purchasing power

noun the ability to buy goods and services

Example Sentences

A1 Purchasing power is the amount of money a person has to buy goods and services.

A2 Understanding purchasing power is important when making financial decisions.

B1 Inflation can affect the purchasing power of a currency.

B2 Economic policies can influence the purchasing power of consumers.

C1 Analysts study the purchasing power of different demographic groups to predict market trends.

C2 Global economic factors play a significant role in determining purchasing power on a worldwide scale.

Examples of purchasing power in a Sentence

formal The increase in wages has led to a rise in purchasing power among consumers.

informal With the raise we got, our purchasing power just went up!

slang I'm balling now with my increased purchasing power.

figurative Knowledge is the key that unlocks your purchasing power in the market.

Grammatical Forms of purchasing power

• plural: purchasing powers
• comparative: more purchasing power
• superlative: most purchasing power
• present tense: purchase power
• future tense: will have purchasing power
• perfect tense: has had purchasing power
• continuous tense: is having purchasing power
• singular: purchasing power
• positive degree: purchasing power
• infinitive: to purchase power
• gerund: purchasing power
• participle: purchasing powered

Origin and Evolution of purchasing power

First Known Use: 1601 year

Language of Origin: English

Story behind the word: The term 'purchasing power' originated from economic theory and the study of consumer behavior.

Evolution of the word: Originally used to describe the ability of consumers to buy goods and services, the term 'purchasing power' has evolved to encompass a broader understanding of economic influence and the impact of income levels on consumer behavior.