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demand note

American  

noun

  1. a note payable upon presentation.


demand note British  

noun

  1. a promissory note payable on demand

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of demand note

First recorded in 1860–65

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