|
|
Definition of Demand note
1. Noun. A note payable on demand.
Definition of Demand note
1. Noun. A note that normally has no date for repayment, but is due on demand of the lender. Usually the lender will only give the borrower a few days notice before the payment is due. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Demand Note
Literary usage of Demand note
Below you will find example usage of this term as found in modern and/or classical literature:
1. Business Law: A Working Manual of Every-day Law by Thomas Conyngton (1920)
"demand notes If an indorser on a demand note is to be held, payment must ...
In the case of a demand note, this is from the time the note is delivered by ..."
2. Cyclopedia of Law and Procedure by William Mack, Howard Pervear Nash (1903)
"But this rule does not apply where the holder of a demand note fails to present it
... 231), to a demand note payable without interest one day after sight ..."
3. The American State Reports: Containing the Cases of General Value and by Abraham Clark Freeman (1898)
"Appellant contends for the rule "that an interest bearing demand note is a
continuing security, and that the same, providing that it be still a subsisting ..."
4. A Treatise on the Law of Negotiable Instruments: Including Bills of Exchange by John Warwick Daniel (1913)
"When s demand note, with indorsers, was given a friendly arrangement between ...
Where a demand note was indorsed three years after its date by which the ..."
5. A Treatise on Commercial Paper and the Negotiable Instruments Law: Including by James Webster Eaton, Frank Bixby Gilbert (1903)
"demand note without interest. — In the case of Merritt v. Todd, 23 NY 28, the
court said: " If the ... demand note with interest payable semi-annually. ..."
Other Resources:
