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a loan repayable on demand.
a loan that is repayable on demand Also called demand loan. Compare time loan


Read Also:

  • Call-market

    the market for lending call money.

  • Call-money

    money lent by banks, as to brokerage firms, on which repayment may be demanded at any time. Historical Examples Torchy Sewell Ford noun money loaned by banks and recallable on demand

  • Name

    a word or a combination of words by which a person, place, or thing, a body or class, or any object of thought is designated, called, or known. mere designation, as distinguished from fact: He was a king in name only. an appellation, title, or epithet, applied descriptively, in honor, abuse, etc. a reputation of […]

  • Call-of-nature

    a need to urinate or defecate. Need to urinate or defecate, as in He left to answer the call of nature. This euphemism may be dying out. [ Mid-1800s ]

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