demand loan

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Related to Demand Loans: Cash credit, lender, Term loan, Short Term Loans
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  • noun

Synonyms for demand loan

a loan that is repayable on demand


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References in periodicals archive ?
On a demand loan, the forgone interest and related compensation (i.
1993-24) announced the blended annual rate for 1993 demand loans is 4.
Some of the most common types of debt financing available to the entrepreneur include demand loans, lines of credit, bridge loans, conditional sales purchases and floor financing.
as lender (the "Lender"), which amended the Demand Promissory Note (the "Demand Note") dated September 28, 2007, relating to demand loans that may be advanced by the Lender from time to time in the principal amount of up to $3 million.
7872(a), for demand loans, the lender has interest income (forgone interest) equal to the excess of (1) the interest that would have accrued on the loan using the AFR over (2) any interest actually paid on the loan.
Our funding sources have indicated their willingness to accept Convertible Share Purchase Warrants in exchange for extending the time period for repayment of their demand loans for twelve months.
Many owners of closely held businesses have fluctuating demand loans to or from their businesses and accordingly use the short-term or demand-loan rate that is specified by the IRS.
The centre will consider three major types of loans - demand loans, term loans and equity investments.
It also contains examples of how below-market term and demand loans affect corporations and shareholders.
In addition, $1,250,000 of existing demand loans were converted into the new Convertible Secured Notes.
Miller apparently argued that only the interest forgone on the demand loans, and not their principal, was a gift for Federal gift tax purposes, relying on Dickman, 465 US 330 (1984).
Lowell and Sanford Harwood, the Chairman and Assistant Chairman of the Company, to revise the terms of their demand loans to the Company in the aggregate amount of $500,000 to make them long-term loans subject to and subordinate to the prior payments of the Company's obligations under the credit facility agreement, to reduce interest to a per annum rate of 3.
1, 1988, taxpayers had made interest-free demand loans to a foundation with a total unpaid balance of $352x.
On a related note, the company will cease accruing interest and convert the maturing loans to demand loans.