Demand Legal Meaning and Definition
Here is a simplified definition of the legal term Demand.
Demand (noun, verb, adjective)
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(verb) Demand refers to the act of formally or forcefully requesting something that is owed or claimed as a right. For instance, it could be a demand for fulfillment of an obligation under a contract.
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(noun) Demand, as a noun, implies a definitive request for payment or a particular action. This term is often used in legal context while initiating discussions to resolve a lawsuit, wherein the amount a plaintiff requests is usually put forth via a written 'demand'.
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(adjective) When used as an adjective, as in a 'demand note', it describes a promissory note that becomes payable upon the creditor's request.