What is the meaning of Demand loan?

Demand loan is a loan with no fixed date of termination. A demand loan may be repaid at any time by the borrower, or called in for repayment at any time by the lender.

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APABarry Goldsmith. (2010). demand loan. Retrieved September 23, 2026, from http://smartdefine.org/demand_loan/definitions/1151825
ChicagoBarry Goldsmith. 2010. "demand loan" http://smartdefine.org/demand_loan/definitions/1151825 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, demand loan, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/demand_loan/definitions/1151825>.
MLABarry Goldsmith. "demand loan" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/demand_loan/definitions/1151825>
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