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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.

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

Its fatal flaw is that its strength is entirely borrowed�and on a demand note at that�from the nations that compose it.

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 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

A five thousand dollar demand note you gave my brother four months ago.

From Rope by Hall, Holworthy

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