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PPP
(redirected from Purchasing power parity)

   Also found in: Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
PPP
abbr.
Computer Science point to point protocol

PPP
abbreviation for
1. (Economics) purchasing power parity: a rate of exchange between two currencies that gives them equal purchasing powers in their own economies
2. (Business / Commerce) private-public partnership: an agreement in which a private company commits skills or capital to a public-sector project for a financial return
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.PPP - surgical resection of unnecessary palatal and oropharyngeal tissue to open the airway; intended to cure extreme cases of snoring (with or without sleep apnea)
surgical operation, surgical procedure, surgical process, surgery, operation - a medical procedure involving an incision with instruments; performed to repair damage or arrest disease in a living body; "they will schedule the operation as soon as an operating room is available"; "he died while undergoing surgery"


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One of the oldest and most basic fundamental approaches to determining the "fair" exchange rate of one currency to another relies on the concept of Purchasing Power Parity.
Byline: Daily Star Staff Summary: <p>The annual survey on the gross national income (GNI) per capita conducted by the World Bank in 210 countries ranked Lebanon 94th worldwide in terms of GNI per capita at purchasing power parity (PPP) and 6th among MENA 13 countries in the Middle East and North Africa region (MENA) in 2008, as reported by Byblos bank's Lebanon This week.
ANKARA, Jul 21, 2009 (TUR) -- Turkey was ranked the 25th among 37 European countries last year in terms of purchasing power parity and prices of consumption goods and services.
 
 
 
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