Meaning of the word "spending power" in English
What does "spending power" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
spending power
US /ˈspɛndɪŋ ˈpaʊər/
UK /ˈspɛndɪŋ ˈpaʊə/
Noun
the amount of money that a person or group has available to spend
Example:
•
The new tax cuts are expected to increase consumer spending power.
•
Inflation has eroded the average household's spending power.
Related Word: