from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. purchasing power
Sorry, no etymologies found.
Should production expenses that may have been incurred a long time ago and when the buying power of a dollar or the currency exchange rate was different be somehow charged against the current-period license fees, or should such expenses have been fully charged against revenues that had been previously received?
Adopted after the collapse of congressional buying power in 1780, this quasi-barter scheme had failed utterly.