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demand loan

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Demand loan
A loan which can be called by the lender at any time and carries no set maturity date.
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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A below-market loan fits into one of two categories: demand loan or term loan.
Below-market loans may have unexpected tax results: tax advisers ... by Malmgren, Edward / The Tax Adviser
5 million revolving-term loan secured by tanks and supply contracts; and a $750,000 demand loan secured by inventory and accounts receivable.
Deducting S corporation losses by Nash, Claire Y. / Journal of Accountancy
The lender may require repayment of a demand loan at any time, without notice.
Securities-based lending: an opportunity for investors by Rutman, Seth / Real Estate Weekly
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