purchase ability vs purchase power

Both 'purchase ability' and 'purchase power' are correct phrases, but they are used in different contexts. 'Purchase ability' refers to the capability or capacity to make a purchase, while 'purchase power' refers to the influence or strength of one's purchasing decisions. They are not interchangeable as they convey different meanings.

Last updated: March 30, 2024 • 810 views

This phrase is correct and refers to the capability or capacity to make a purchase.

"purchase ability"

This phrase is used to describe someone's ability or capacity to buy something. It indicates whether a person has the means or resources to make a purchase.

Examples:

His purchase ability was limited by his current financial situation.
The company assessed the customer's purchase ability before offering financing options.

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It also includes the ability to purchase other energy services in the home at a reasonable cost.
Amendment 33, which would have given the fund the ability to purchase bonds on the secondary markets, was withdrawn.
The ability to purchase pistol and shot and take one's place at the theatre?
The world's population is increasing, the amount of land available for cultivation is limited, the standard of living - and with it the ability to purchase and consume food - is rising in many parts of the world.
If a credit institution intends to deliver an obligation other than the underlying exposure, it shall ensure that the deliverable obligation is sufficiently liquid so that the credit institution would have the ability to purchase it for delivery in accordance with the contract;
At the same time, it would 'cancel' the effectiveness of this Directive if public authorities, who are massive buyers/users and have the ability to influence certain markets, were not to have a minimum common obligatory threshold for their purchases.
Ability to decide about purchases for children's needs (including giving them pocket money)
The market share of the buyer on the upstream purchase market is obviously important for assessing the ability of the buyer to impose exclusive supply which forecloses other buyers from access to supplies.
5 out of the 6 qualified offers for all assets did not clarify their financing at the moment of the submission of the indicative offer, and they were therefore asked to present their ability to finance the purchase of the assets.
Concerning transaction security as the first element of the first aspect, the Commission stresses for reasons of clarity that this refers to the ability of the buyer to pay the purchase price and - in this context - nothing more [41].
The feeder UCITS shall ensure that its investment into a master UCITS does not affect its ability to re-purchase or redeem its units at the request of the unit-holders or in other cases when this is in the interest of its unit-holders.
If you cut the ability of the working class to purchase goods and services, then you cut demand for those goods and services, which means you cut millions more jobs of workers who would provide them.

Alternatives:

buying capacity
ability to purchase
purchasing capability
acquisition power
spending potential

This phrase is correct and refers to the influence or strength of one's purchasing decisions.

"purchase power"

This phrase is used to describe the influence or strength of one's purchasing decisions. It indicates the ability to impact the market through buying choices.

Examples:

The company's purchase power allowed them to negotiate better deals with suppliers.
Consumer groups aim to increase their purchase power by advocating for fair pricing.

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A lack of purchase power has also led to a drop in consumption.
According to these interested parties, the Union industry would be particularly affected by the downturn as the consumer in such circumstances would typically switch to a lower quality/price product as a consequence of the decrease in purchase power.
BE will continue to purchase power from TPL at fixed prices at levels based on the current forward price curve for electricity until completion of the Restructuring;
The simulation should take account of the fact that under the counterfactual scenario, MVM would not have to purchase power in excess of what it needs to fulfil the needs of the public utility segment [124].
By letter of 9 July 2007 Poland submitted the final version of the Early Termination of Purchase Power Agreements Act, which was adopted by the Polish Parliament and entered into force on 4 August 2007.

Alternatives:

buying power
spending influence
purchasing strength
acquisition influence
shopping authority

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purchase ability vs purchase power