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demand loan noun[ C ] ukus(alsocall loan) FINANCE a loan which has to be paid back when the lender asks for it, rather than by a particular fixed date: In this demand loan agreement, you will be required to repay the entire outstanding loan amount within 15 days of written demand from the lender.
Examples of demand loan demand loan The loan program offers short-term, low-interest, demand loans of up to $25,000 for eligible commercial sector activity. From Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license. The names of the richest citizens were picked out in order to demand loans from them. From Project Gutenberg Time and demand loans are made upon collaterals of many descriptions. From Project Gutenberg These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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