From Longman Business Dictionarybuying powerˈbuying ˌpower1[uncountable]COMMERCE the ability of a person or organization to buy things, depending on the amount of money they have availableSYNPURCHASING POWER, SPENDING POWERUnemployment and low wages will mean low local buying power.2[uncountable]FINANCE the amount that a unit of a particular currency buys at a particular timeSYNPURCHASING POWER → power
