on demand
Definition 1
Borrowing: Loan that must be repaid in full on the day the lender 'calls' it (see call) for whatever reason. Known also a demand loan.
Definition 2
Trading: Bill of exchange (such as a demand draft or an uncrossed check) that is payable on the day it is presented to the drawee (or his or her bank) and does not require acceptance.
on demand is in the Banking, Commerce & Finance subject.
on demand appears in the definitions of the following terms:
fiat currency,
promissory note,
web based instruction (WBI),
note,
scalable,
demand guarantee,
bearer instrument,
reliability,
emerging technologies,
backed currency
and
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