Meaning of “derived demand” in the English Dictionary

business-english dictionary

"derived demand" in Business English

See all translations

derived demandnoun [ C or U ]

uk us

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” from the Cambridge Business English Dictionary © Cambridge University Press)