Definition of demand note in English:

Share this entry

demand note

Pronunciation: /dəˈmand/ Pronunciation: /dēˈmand nōt/


1A formal request for payment.
Example sentences
  • He will pay the company $7-million on closing plus $3-million through a one-year interest-bearing demand note.
  • This handy demand note outlines creditors' rights to demand payment of loan from debtor.
1.1 another term for demand draft.

For editors and proofreaders

Syllabification: de·mand note

Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.