spending power
English
Noun
- (economics) The income available to households for spending.
- 2016, Peter S. Goodman, Italy Just Handed the Global Economy Another Giant Variable, The New York Times
- Bad loans on bank balance sheets reflect that millions of people have lost jobs, eliminating spending power, while companies have seen sales evaporate.
- 2016, Peter S. Goodman, Italy Just Handed the Global Economy Another Giant Variable, The New York Times
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