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 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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Police said they have recovered six mobile handsets and three demand notes signed by Jivan Asom, finance secretary of ULFA from Kamal.
Additionally, the holders of the Demand Notes shall exchange $2,000,000 of principal for 20,000,000 common shares and 6,000,000 common stock purchase warrants exercisable at $0.
supported variable rate demand note program on CreditWatch with negative implications.
will issue a $100,000,000 Variable Rate Demand Note (VRDN).
As reported, the Company issued demand notes to the investors pending closing of the equity purchase.
tax-exempt variable rate demand notes (Stanford University),
The "VMIG 1" portion of the rating on the variable rate demand notes reflects the presence of a standby purchase agreement with Morgan Guaranty Trust Company, New York, Canadian Imperial Bank of Commerce, The Bank of Tokyo, Ltd.
Fitch Ratings assigns an 'A-/F1' rating to the $23,325,000 PHF Investments, LLC, taxable variable-rate demand notes, series 2004-A (the notes).
Last week, Yuba announced that its principal shareholder, Western Gold Exploration and Mining Company, Limited Partnership (WestGold) had advised it that WestGold did not intend to provide additional financing to Yuba under the terms of their line of credit agreement and that WestGold may at any time demand payment under the terms of certain outstanding demand notes of Yuba held by WestGold aggregating approximately $15.
Outstanding demand notes of the investor with an aggregate principal of $135,000 became part of the credit line.
WestGold further advised Yuba WestGold's management that WestGold may at any time demand payment under the terms of certain outstanding demand notes of Yuba WestGold aggregating approximately $15 million as of June 30, 1992.
convertible demand notes of AltaRex, convertible into