demand note
noun[C]
FINANCEukus(alsodemand draft)
adocumentpromisingtopayback aloanwhen thelenderasksfor it:
Theemployeeborrowsdirectlyfrom abankon ademandnotebasisandpaysanannualinterestrateequalto theprimerate.
a writtenrequestfor adebtto bepaid:
The City Council has now setitscommunitycharge, and thebasicamountpayableisshownon theencloseddemandnote.