Financial and business terms. 2012.
demand — de·mand 1 n 1: a formal request or call for something (as payment for a debt) esp. based on a right or made with force a shareholder must first make a demand on the corporation s board of directors to act R. C. Clark a written demand for payment… … Law dictionary
notice — no·tice 1 n 1 a: a notification or communication of a fact, claim, demand, or proceeding see also process, service ◇ The requirements of when, how, and what notice must be given to a person are often prescribed by a statute, rule, or contract. b … Law dictionary
demand letter — A letter usually from a lawyer on behalf of a client that makes a demand for payment or some other action which is in default. Under the Bankruptcy and insolvency Act, a financial institution before it takes any action must give demand and notice … Glossary of Bankruptcy
demand account — ➔ account1 * * * demand account UK US noun [C] US (UK instant access account) ► BANKING a type of bank account from which you can take out money immediately, without giving notice (= having to tell the bank first) … Financial and business terms
demand deposit — demand′ depos it n. bus a bank deposit subject to withdrawal at the demand of the depositor without prior notice • Etymology: 1925–30 … From formal English to slang
demand deposit — ☆ demand deposit n. Banking a deposit that may be withdrawn on demand, without advance notice … English World dictionary
notice of claim — index demand Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
notice — Synonyms and related words: account, acknowledge, acquaintance, admonish, admonishment, admonition, advert, advertence, advertency, advice, advise, alarm, alertness, allude, analysis, animadvert, announce, announcement, annunciation, apperception … Moby Thesaurus
Demand Deposit — An account from which deposited funds can be withdrawn at any time without any notice to the depository institution. This account allows you to demand your money at any time, unlike a term deposit, which cannot be accessed for a predetermined… … Investment dictionary
Demand Note — A loan with no fixed term or set duration of repayment. It can be recalled upon the lenders request, assuming the notice required by the provisions of the loan are met. A demand note provides flexibility for the borrower, so long as the lender… … Investment dictionary
