purchasing power of the currency
1purchasing power — The ability to purchase goods and services. In times of inflation a loss of purchasing power occurs when monetary assets are held because of the decline in the purchasing power of the currency. If a company has monetary liabilities, a purchasing… …
2purchasing power — The ability to purchase goods and services. In times of inflation a loss of purchasing power occurs when monetary assets are held because of the decline in the purchasing power of the currency. If a company has monetary liabilities, a purchasing… …
3Purchasing power — is the amount of value of a good/services compared to the amount paid with a currency. Currency can be either a commodity money, like gold or silver, or fiat currency like US dollars which are the world reserve currency. As Adam Smith noted,… …
4purchasing power — The amount of credit available for securities trading in a margin account, after taking margin requirements into consideration. Bloomberg Financial Dictionary A settlement bank s cash position in Central Bank money and its collateral value of… …
5purchasing power — purchasing .power n [U] 1.) the amount of money that a person or group has available to spend ▪ increases in purchasing power 2.) the amount that a unit of money can buy ▪ The purchasing power of the local currency has halved …
6purchasing power — 1) N UNCOUNT The purchasing power of a currency is the amount of goods or services that you can buy with it. The real purchasing power of the rouble has plummeted. 2) N UNCOUNT The purchasing power of a person or group of people is the amount of… …
7Purchasing power parity — The notion that the ratio between domestic and foreign price levels should equal the equilibrium exchange rate between domestic and foreign currencies. The New York Times Financial Glossary * * * purchasing power parity purchasing power parity ➔… …
8purchasing power parity — The notion that the ratio between domestic and foreign price levels should equal the equilibrium exchange rate between domestic and foreign currencies. Bloomberg Financial Dictionary * * * purchasing power parity purchasing power parity ➔ parity… …
9Purchasing power parity — GDP per capita adjusted for Purchasing Power Parity (PPP) in the world, 2009 …
10Purchasing Power Parity - PPP — An economic theory that estimates the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to each currency s purchasing power. The relative version of PPP is calculated as: Where: S… …
