Buying power refers to the financial capacity of an individual or a group to purchase goods and services. There are several synonyms for buying power, including purchasing power, consumer power, spending power, and economic power. Purchasing power represents the ability of consumers to purchase a certain amount of goods or services with their income. Consumer power refers to the ability of consumers to influence the market through their purchasing decisions. Spending power denotes the economic ability of a person or group to spend money on products or services. Economic power represents the strength of a nation's economy and its ability to purchase goods and services. Synonyms for buying power reflect the economic strength of individuals, groups and nations in the global market.