Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,806,371 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

demand loan
(redirected from demand note)

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
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.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
In both robberies, an intruder fled the bank with an undisclosed amount of cash after presenting a teller with a demand note.
The demand note will be issued within 10-days of the approval of application and requirement for issuance of the arms licenses would be in accordance of completely filled in application form, legible copy of CNIC, original paid challan, 2*photographs, police verification (By Concerned DPO) or duly certified by MNA/MPA/Senators and the licenses will be issued after 20 days of the completion of the above requirements.
The demand note will be issued within 10-days of the approval of application and requirement for issuance of the arms licenses would be in accordance of completely filled in application form, legible copy of CNIC, original paid challan, 2*photographs, police verification (By Concerned DPO) or duly certified by MNA/MPA/Senators and the licenses will be issued after 20 days of the completion of the above requirements.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.