demand letter

demand letter. A letter by which one party explains its legal position in a dispute and requests that the recipient take some action (such as paying money owed), or else risk being sued. • Under some statutes (esp. consumer-protection laws), a demand letter is a prerequisite for filing a lawsuit.

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词条贡献者

双语律师郭敏，国际知名商学院金融专业，擅长翻译各类与金融衍生品与结构化产品相关的法律文件。