demand loan


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Related to demand loan: Term loan

demand loan

n.
A loan repayable on demand at any time.

demand loan

n
(Banking & Finance) another name for call loan

call′ loan`


n.
a loan repayable on demand.
[1850–55]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.demand loan - a loan that is repayable on demand
loan - the temporary provision of money (usually at interest)
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References in periodicals archive ?
Boyd Craig advanced to the company a demand loan in the aggregate principal amount of CDN609,000, in relation to a commitment letter dated February 27, 2015, which is yet to receive approval from the TSXV.
As previously reported, this is a revolving Canadian chartered bank demand loan with an interest rate at Prime + 1%.
He was primarily involved in disbursement of Working Capital Demand Loan ( WCDL).
On a demand loan, the forgone interest and related compensation (i.
Wrangler West", the "Company") (TSX-V "WX") announces the Company has entered into a revolving operating demand loan agreement ("Credit Facility") effective July 21, 2010 with Canadian Western Bank (the "lender") in the amount of $12 million.
Commissioner, (3) however, held that an interest-free demand loan of cash did entail a gift of a property interest.
The Company also announces that it has accepted an offer of a demand loan facility (the "Loan") for up to $6.
The lender may require repayment of a demand loan at any time, without notice.
On September 26, demonstrators marched from the White House to the International Monetary Fund (IMF) headquarters to demand loan forgiveness for dozens of poor countries.
RBC was to have changed the program documents to provide for repayment of the demand loan in-kind if cover assets could not be sold at par or higher by year-end 2012.
0 million revolving operating demand loan and an acquisition and development demand loan of $20.
signed a revolving operating demand loan agreement, effective July 21, 2010.