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Definitions of purchasing power:
  • noun:   (economics) The amount of goods and services that can be bought with a unit of currency.
  • noun:   (economics) The amount of goods and services that can be bought by consumers; available income; spending power.
  • noun:   (business) The ability of a large collective or company to negotiate more favourable prices and terms than a smaller group or company.

(Definitions from Wiktionary)

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