real purchasing power

The purchasing power of a currency adjusted for inflation.

Accounting dictionary. 2014.

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  • real purchasing power — Econ the purchasing power of a country or a household adjusted for changes in prices …   The ultimate business dictionary

  • purchasing 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… …   English dictionary

  • Purchasing 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,… …   Wikipedia

  • Purchasing power parity — GDP per capita adjusted for Purchasing Power Parity (PPP) in the world, 2009 …   Wikipedia

  • purchasing power — Synonyms and related words: base pay, buy, buying, buying power, buying up, catalog buying, coemption, compensation, consumer power, consumer sovereignty, consumerism, cornering, dismissal wage, earnings, emption, escalator clause, escalator plan …   Moby Thesaurus

  • Constant purchasing power accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • Real interest rate — The real interest rate is approximately the nominal interest rate minus the inflation rate (see Fisher equation and below for exact equation). Since the inflation rate over the course of a loan is not known initially, volatility in inflation… …   Wikipedia

  • Real versus nominal value — For the distinction between real purchasing power and money value, see Real versus nominal value (economics). The distinction between real value and nominal value occurs in many fields. From a philosophical viewpoint, nominal value represents an… …   Wikipedia

  • real income — A measure of the real purchasing power of nominal income; real income is nominal income adjusted for changes in the general price level, or income corrected for inflation or deflation. See also real earnings …   Black's law dictionary

  • Real GDP — is a macroeconomic measure of the size of an economy adjusted for price changes and inflation.Real GDP measures the output of final goods and services produced, and incomes earned at constant prices. Real GDP = [(Nominal GDP)/(GDP deflator)] x… …   Wikipedia

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