| 单词 | purchasing power |
| 释义 | purchasing power purchasing power (also spending power) noun [U]
1 the amount of money that a person or business has available to spend on goods and services: Access to cheap imports raises the purchasing power of consumers in Japan and other countries. The merger increased the combined purchasing power of the companies and allowed them to reduce their prices.
2 (Economics ) the amount of goods and services that a currency can buy at a particular time: The purchasing power of the dollar has dropped 10% since June.
SYN BUYING POWER |
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