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Purchasing power (1)
PURCHASING POWER (1)

Definition: Money that people have available to purchase goods with.
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* All six elements should be in.


1. Money is legal in the place where item or product, service or provision, is desired to be bought in.

2. Value of money at the time will be considered as worthy - not when it has fallen to 'an all-time low'!

3. Money will be fully owned or possessed, and/or appropriately authorized to be expended or spent.

4. Money or monies at hand will not need to be converted to another currency! (To emphasize.)

5. Money that will be offered for payment will be in the right denomination. That is, a change (where applicable), can be obtained after a transaction. In other words, there will be no cheating or 'rip-off' from exchange made.

6. Availability will be instant. That is, seller will be paid on the spot, or account will be credited automatically on collection of goods or delivery of service.
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... not 'toilet paper' !

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