Demand: Difference between revisions

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imported>Doug Williamson
(Make definition 1 refer to buyers collectively, not just one buyer.)
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1. ''Economics''.   
1. ''Economics''.   
The quantity of a particular good or service that an individual wants - and is able to purchase - at any given market price.
The quantity of a particular good or service that buyers want - and are able to purchase - at any given market price.
 


2. ''Banking''.   
2. ''Banking''.   
Refers to deposits or loans which can be withdrawn 'on demand' without giving notice.
Refers to deposits or loans which can be withdrawn 'on demand' without giving notice.


== See also ==
== See also ==
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* [[Supply]]
* [[Supply]]
* [[Wants]]
* [[Wants]]

Revision as of 15:18, 6 September 2014

1. Economics. The quantity of a particular good or service that buyers want - and are able to purchase - at any given market price.


2. Banking. Refers to deposits or loans which can be withdrawn 'on demand' without giving notice.


See also