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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

I gave Barlow a demand note, with the farm as collateral, to cover the loan he had made me.

From Dawson Black: Retail Merchant by Harold Whitehead

Yet Mr. Mix beamed, with almost ecclesiastical poise, upon the holder of his demand note, and tried her with honey.

From Rope by Holworthy Hall

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 Harold Whitehead

No rate collector irritates them with his imperious "demand note."

From London's Underworld by Thomas Holmes

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