demand note


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Related to demand note: Demand Promissory Note

demand note

n.
A promissory note repayable on demand at any time.

demand note

n
(Banking & Finance) a promissory note payable on demand

demand′ note`


n.
a note payable upon presentation.
[1860–65]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.demand note - a note payable on demand
note of hand, promissory note, note - a promise to pay a specified amount on demand or at a certain time; "I had to co-sign his note at the bank"
References in periodicals archive ?
The official informed the commission the demand note and the fee for 4 remaining connections had not been deposited by the WASA.
a male suspect wearing female attire and makeup entered the Fidelity Bank and announced a robbery by presenting a demand note to the teller.
Barry Shepherd, 40, went into the shop in January and handed over a demand note warning he'd shoot his victim in the face but Peter Morris read it and tore it up.
Bilaiya told investigators that after receiving their request, BRPL generates a demand note, a bar- coded document with the consumer's meter number etc.
The robber presented a demand note to a teller, then left the bank after taking an undisclosed amount of cash, police said.
Further, the additional USD500,000 was the extension and conversion of an earlier funded demand note in April 2013, to a convertible note now due in January 2014, with a conversion right set at USD0.
These positives are partly tempered by the fact that a large share of NGIC's surplus is loaned back to WM and is supported by a 24-hour demand note from WM, AM Best noted.
However, he was determined not to leave empty-handed - and asked staff to return his handwritten demand note.
It said that a loan requires an ascertainable maturity date--which a demand note has--not a fixed maturity date, and the Tax Court's interpretation would disqualify shareholders from using a common type of commercial loan.
What we're seeing out in the Valley are individuals who enter the banks with a demand note with instructions on it to the teller that threatens or implies that he has a weapon,'' said Deputy Chief Michel Moore, who heads the Los Angeles Police Department's Valley Bureau.
Again, in the case of a demand note, this amount should be relatively close (if not equal) to the note's face amount, as the holder may demand payment at any time.
Generally, criminals use two basic methods to rob banks -- the "one-on-one" robbery, frequently featuring a demand note, and the "takeover," a rapidly growing violent tactic.