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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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Mr. Doherty holds a demand note against the Company for $1,200,000, secured by $3,000,000 worth of pipe line and tank cars.

From Time Magazine Archive

He played sympathetic good fellow, and offered to lend me fifty thousand dollars on a demand note.

From The Adventures of Jimmie Dale by Packard, Frank L. (Frank Lucius)

It was his own demand note, payable to John Starkweather and endorsed by him to Mirabelle.

From Rope by Hall, Holworthy

He now had to weather the last turn—a demand note from the American brokers—and for this he required Ole Henriksen's assistance; after that he hoped to be able to manage unaided.

From Shallow Soil by Hyllested, Carl Christian

It was a demand note, because, when we fixed it up, Barrington had said he wanted it to run an indeterminate time.

From Dawson Black: Retail Merchant by Whitehead, Harold

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