The financial definition for Purchasing power risk:
Related: Inflation risk
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Absolute form of purchasing power parity
Absolute form of purchasing power parity A theory that prices of products of two different countries should be equal when measured by a common currency. Also called the "law of one price."
Purchasing power
Purchasing power The amount of credit available for credit trading in a credit, after taking credit into consideration.
Purchasing power of the dollar
Purchasing power of the dollar The amount of goods and services that can be exchanged for a dollar as compared with amount of a previous time period.