demand loan

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Related to Demand Loans: Cash credit, lender, Term loan, Short Term Loans

Demand loan

A loan which can be called by the lender at any time and carries no set maturity date.

Demand Loan

A loan that must be paid on demand from the lender. Demand loans are often used to fund margin accounts; alternatively, they are common for personal loans with no set maturity. Demand loans often require collateral and are also called call loans. See also: Margin call.

demand loan

A loan due at any time the lender decides to request payment.

demand loan

A loan that states it is due upon demand, rather than on any certain date or upon the happening of a certain event.For purposes of calculating the statute of limitations within which to sue on a demand loan,it is treated as if demand were made and default occurred on the very first day the loan was made,even if that did not truly happen in fact.
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These rules also apply to a term loan that is treated as a demand loan because of the requirement that the employee perform future services to receive the loan (Prop.
In any event, the Service, in a Revenue Ruling published in 1973, extended the holding of the Blackburn to gift demand loans.
For demand loans with principal amounts that fluctuate during the year, the minimum interest rate is based on a month-by-month computation using the short-term applicable federal rate issued for each month.
A demand loan is usually a short-term loan with no set repayment schedule.
Low interest rates can benefit taxpayers in many ways, including converting demand loans to term loans and providing children with financing for major purchases.
Hemmeter, chairman, noted that the company's strong financial performance for the first quarter was the result of additional interest accrual on the majority of its demand loans.
Interest on advances of a genuinely short-term nature (which would include demand loans and fluctuating advances) is "short.
AMEX: RII) today announced that the company has made two temporary investment demand loans totaling $2,000,000.
The demand loans had been scheduled to mature upon the earlier of demand or Dec.
AMEX: RII) today announced that the company has modified terms on three outstanding demand loans totaling $17.
Through April 1994, the mortgage-backed obligations have been periodically liquidated in order to allow RII to fund various demand loans and make distributions to its shareholders.