on demand
- A requirement in a promissory note for the owed amount to be paid when the creditor asks for it
- He agreed to loan me the money, but it was on demand so he could ask for it back at any time.
- She signed a promissory note that was on demand, therefore, she could be asked to pay back at any moment.
- A bank can issue an on demand loan with the agreement that the borrower will return the money whenever the bank requests it.
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