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Dictionary


pur'chasing pow"er




1. Also called buying power. the ability to purchase goods and services.
2. the value of money in terms of what it can buy at a specified time compared to what it could buy at some period established as a base: the purchasing power of the dollar.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

purchasing agentpurdah

 

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