the pink pound

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the pink pound

The collective spending or purchasing power of the homosexual community. Primarily heard in UK. As gay couples become less marginalized, the pink dollar becomes an increasingly important and influential aspect of local economies. The thriving night club scene in this area of town is fueled in large part by the pink pound.
See also: pink, pound

the pink pound

  (British) also the pink dollar (American)
the money that is spent by people who are homosexual (= attracted to people of their own sex) Further proof of the strength of the pink pound can be seen in Brighton, where there are numerous successful gay clubs.
See also: pink, pound