DEFINITION of 'Purchasing Power Parity-PPP'. An economic theory that estimates the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to each currency's purchasing power.
Thomas Edison's most famous invention, the lightbulb, paved the way for modern life.
From Wikipedia, the free encyclopedia. Below is a list of Edison patents. Thomas Edison was an inventor who accumulated 2,332 patents worldwide for his inventions. 1,093 of Edison's patents were in the United States, but other patents were approved in countries around the globe. 1 Introduction.