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Meaning of “final demand” in the English Dictionary

"final demand" in British English

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final demandnoun [C]

uk   /ˌfaɪ.nəl dɪˈmɑːnd/  us   /ˌfaɪ.nəl dɪˈmænd/ UK
the last request for the payment of money owed for goods or services before an action is taken against the person who owes that money
(Definition of final demand from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"final demand" in Business English

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final demandnoun [C]

uk   us   (also final reminder) FINANCE
the last time that a company requests payment for a debt that should have been paid by an earlier date , for example before it takes legal action: If a final demand is ignored, the bank will begin legal proceedings.
(Definition of final demand from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “final demand”
in Chinese (Simplified) (催逼债务人还债的)最后通牒…
in Chinese (Traditional) (催逼債務人還債的)最後通牒…
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