demand loan

n (Banking & Finance) another name for call loan

call′ loan`

n. a loan repayable on demand. [1850–55]

Thesaurus

Noun

demand loan - a loan that is repayable on demandcall loanloan - the temporary provision of money (usually at interest)

demand loan

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.

demand loan

demand loan

demand loan

call′ loan`

demand loan

Demand loan

Demand Loan

demand loan

demand loan

demand loan

Synonyms for demand loan

noun a loan that is repayable on demand

Synonyms

Related Words