requirementre·quire·ment /rɪˈkwaɪəmənt-ˈkwaɪr-/ noun1[countableC] something that an official organization says a company or person must have or doThere are deed restrictions, including a requirement that the buyer live in the property.
2[countableC] something that someone needs or wantsa product that meets customer requirements
Nuclear power plants generate a fifth of U.S. electricity requirements.
→ capital requirement → central government borrowing requirement → public sector borrowing requirement → reserve requirement