Claim

Business, Legal & Accounting Glossary

Definition: Claim



What is the dictionary definition of Claim?

Dictionary Definition


1) v. to make a demand for money, for property, or for enforcement of a right provided by law. 2) n. the making of a demand (asserting a claim) for money due, for property, from damages or for enforcement of a right. If such a demand is not honoured, it may result in a lawsuit. In order to enforce a right against a government agency (ranging for damages from a negligent bus driver to a shortage in payroll) a claim must be filed first. If rejected or ignored by the government, it is lawsuit time.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/claim/
Modern Language Association (MLA):
Claim. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2020 https://payrollheaven.com/define/claim/.
Chicago Manual of Style (CMS):
Claim. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/claim/ (accessed: November 30, 2020).
American Psychological Association (APA):
Claim. PayrollHeaven.com. Retrieved November 30, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/claim/

Definition Sources


Definitions for Claim are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 5 Views.