DEMAND NOTE

(noun)

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There is 1 meaning of the phrase Demand Note.

"The borrower signed a demand note promising to repay the loan within a year."

"The bank issued a demand note to the debtor, requesting immediate payment of the outstanding balance."

"A demand note is a legally binding document that outlines the terms of a loan."

"The lender threatened legal action if the borrower did not fulfill the terms of the demand note."

"Upon receiving the demand note, the debtor contacted the bank to discuss repayment options."

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