Demand (noun)
Definition
Demand refers to the desire, need, or request for a particular product, service, or resource. It represents the quantity of a good or service that consumers are willing and able to purchase at a given price and time. Demand is influenced by factors such as price, income, preferences, and market conditions.
Etymology
The word demand originates from the Old French word demander, which means to request or to ask for. It is derived from the Latin word demandare, combining de (meaning thoroughly or completely) and mandare (meaning to order or to command).
Synonyms
- Request
- Call for
- Desire
- Need
- Requirement
- Wish
- Entreaty
- Appeal
- Importunity
- Requisition
Antonyms
- Supply
- Surplus
- Abundance
- Excess
- Overabundance
- Oversupply
- Glut
- Saturation
- Surfeit
- Plenty
Example
The new smartphone release has generated high demand among consumers, leading to long waiting lists and sold-out stocks.
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