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.
A split-dollar term loan is any loan that is not a demand loan (e.
IRC Section 7872(e)(1) defines below-market loans; a demand loan is a below-market loan if interest is payable on it at a rate less than the "applicable federal rate" in effect for the loan period.
For demand loans, the AFR is the short-term AFR in effect for the period for which forgone interest is being calculated, compounded semiannually.
A term loan is defined as any loan which is not a demand loan.
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.
Some of the most common types of debt financing available to the entrepreneur include demand loans, lines of credit, bridge loans, conditional sales purchases and floor financing.
as lender (the "Lender"), which amended the Demand Promissory Note (the "Demand Note") dated September 28, 2007, relating to demand loans that may be advanced by the Lender from time to time in the principal amount of up to $3 million.
7872(a), for demand loans, the lender has interest income (forgone interest) equal to the excess of (1) the interest that would have accrued on the loan using the AFR over (2) any interest actually paid on the loan.
Many owners of closely held businesses have fluctuating demand loans to or from their businesses and accordingly use the short-term or demand-loan rate that is specified by the IRS.
The centre will consider three major types of loans - demand loans, term loans and equity investments.