purchasing power

Definitions

Accounting

  • noun the quantity of goods which can be bought by a particular group of people or with a particular sum of money

Forex

  • The value of a nation's currency based on the amount of goods and/or services which can be purchased by one unit of currency. Purchasing power also refers to the amount of credit a broker extends to a client for the purchase of additional securities against the existing securities held on margin in the customer's account.

Travel

  • noun the quantity of goods which can be bought by a group of people or with a particular amount of money
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