Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The ability to purchase, generally measured by income.
- noun The value of a particular monetary unit in terms of the goods or services that can be purchased with it.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun economics The amount of
goods andservices that can be bought with a unit ofcurrency or byconsumers . - noun business The ability of a large
collective or company to negotiate more favourable prices and terms than a smaller group or company.
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