The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

LATENT DEMAND Definition & Legal Meaning

Definition & Citations:

A consumer expectation, desire or preference, that goes unsatisfied because acceptable goods or services wanted are not available or too expensive. Influencing the potential buyer to use available money in favor of the marketer’s product is a major objective of marketing. Another is to build buying power through deferred billing or purchase contracts.

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