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Purbach
purblind
purchase
purchase and sale statement
purchase ledger
purchase money mortgage
purchase order
purchase tax
purchasing power
purchasing power parity
purdah
pure
pure democracy
pure economic rent
Pure Land Buddhism
pure play
pure raw material
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purchasing power

pur·chas·ing pow·er [ púrchassing pòwər ]


noun 
Definition:
 
1. ability to spend: the ability to make purchases according to income and savings

2. value of currency: the value of a currency measured in terms of the goods and services it can buy
the purchasing power of the yen

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