Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “derived demand”

derived demand

noun [C or U]    
ECONOMICS demand for something such as a material or skill, that is based on demand for something produced from it: A car manufacturer will have a derived demand for manufacturing equipment, components, steel, lubricants and the like.
(Definition of derived demand noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of derived demand

Word of the Day

well in (with)

to have a good relationship with someone in which they like you and from which you get an advantage

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More