demand loan

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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 classic literature ?
The deposits average more than one hundred millions a day; and it dominates the call loan market on Wall Street and the stock market.
The high court agreed that the revenue agency should not have assessed the documentary stamp tax on PNB's interbank call loans in 1997.
Again, as we learned from the recent credit crisis, when banks are pressured they stop lending money, take adverse action to reduce commitments and call loans.
dollar call loans will spike, causing shortfall of U.
The New York call loan market consisted of a "money post" on the floor of the NYSE with a daily auction of loans to individuals and business including call loans to brokers.
Under the new rules, call loans at brokerages will be limited to 100 percent of their capitals, which is planned to be implemented in the third quarter.
The company's primary sources of revenue are brokerage, investment banking, over-the-counter (OTC) derivatives trading and interest earned on bank deposits and call loans.
An average rate on uncollateralized overnight call loans due on Thursday stood at 0.
Now the banker could afford to make more loans, too, since he could go to the Federal Reserve for more funds, instead of trying to call loans in, if he faced demands for an unusual amount of withdrawals from his bank.
And First National was forced to call loans and borrow from the Reconstruction Finance Corp.
Before the turn of the 20th century, New York Clearinghouse banks were the predominant source of funds for call loans on the New York stock exchange.
Under the zero-rate policy adopted in February 1999, the central bank steers its target rate on unsecured overnight call loans as low as possible to prop up economic activity.