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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
pureblood
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purchasing power parity

pur·chas·ing pow·er par·i·ty


noun 
Definition:
 
equivalent buying power in different currencies: a way of estimating national income by showing the number of currency units required to buy the same amount of goods and services in another country as one currency unit would buy at home

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