buying power

noun

: the amount of money that a person or group has available to spend : purchasing power
Inflation decreases consumer buying power.
a multinational corporation with a tremendous amount of buying power

Examples of buying power in a Sentence

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The latest financial outreach comes as U.S. Latino buying power has grown to $3.6 trillion, but reports show many Latinos lack retirement accounts and other financial assets needed to build wealth. Russell Contreras, Axios, 29 Oct. 2024 Local buying power is diminishing in an ever-growing share of places like Columbus, Dallas, Kansas City, and California’s Inland Empire, reducing opportunities for where middle-class residents can live. Mark Dent, thehustle.co, 18 Oct. 2024 Less buying power What the DOT investigation is doing is poking the bear. Sheldon H. Jacobson, The Mercury News, 8 Oct. 2024 Growing Engagement With Micro Influencers One trend in B2C e-commerce marketing that has really taken off is the leveraging of micro influencers to grow authentic engagement and visibility with smaller groups that have stronger buying power. Expert Panel®, Forbes, 1 Oct. 2024 See all Example Sentences for buying power 

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Cite this Entry

“Buying power.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/buying%20power. Accessed 21 Nov. 2024.

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