purchasing ability
1Purchasing 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,… …
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 — 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… …
4purchasing power — pur|chas|ing pow|er [ pɜrtʃəsıŋ ,paur ] noun uncount FORMAL 1. ) the ability of people to buy goods and services, usually based on how much they earn and save: The purchasing power of teenagers has increased enormously. 2. ) the value of a… …
5purchasing power — UK [ˈpɜː(r)tʃəsɪŋ ˌpaʊə(r)] / US [ˈpɜrtʃəsɪŋ ˌpaʊr] noun [uncountable] formal 1) the ability of people to buy goods and services, usually based on how much they earn and save The purchasing power of teenagers has increased enormously. 2) the… …
6purchasing power — 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 …
7Chartered Institute of Purchasing and Supply — The Chartered Institute of Purchasing and Supply (CIPS) is a UK based international organisation working for the purchasing and supply professions. It promotes good practice and provides services for the benefit of members and the wider business… …
8The Chartered Institute of Purchasing & Supply — (CIPS) is a global organisation working for the purchasing and supply professions. CIPS is the world’s largest procurement and supply professional organisation. It is the worldwide centre of excellence on purchasing and supply management issues.… …
9Social purchasing network — A social purchasing network is a closed loop network of buyers and sellers that are linked together based on their respective economic and social interests. At the core to this concept, is the ability to not only link buyers and sellers together… …
10Health Purchasing Victoria — is an Australian public authority established [ [http://www.austlii.org/au/legis/vic/consol act/hsa1988161/s129.html] Accessed January 18, 2008 ] in 2001 by an amendment to the Victorian Health Services Act 1988, and has a responsibility to… …
