What is the meaning of demand note?

demand note is a promissory note that calls for principal to be payable on demand. In recent years, courts have significantly restricted the circumstances under which a bank could make and enforce a demand for repayment under a demand note.

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APABarry Goldsmith. (2010). demand note. Retrieved September 21, 2026, from http://smartdefine.org/demand_note/definitions/1151827
ChicagoBarry Goldsmith. 2010. "demand note" http://smartdefine.org/demand_note/definitions/1151827 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, demand note, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/demand_note/definitions/1151827>.
MLABarry Goldsmith. "demand note" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/demand_note/definitions/1151827>
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