final demand Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “final demand” in the English Dictionary

"final demand" in British English

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final demandnoun [C]

uk   us   UK
the last ​request for the ​payment of ​moneyowed 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 ​companyrequestspayment for a ​debt that should have been ​paid by an earlier ​date , for ​example before it ​takeslegalaction: If a ​finaldemand is ignored, the ​bank will begin ​legalproceedings.
(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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