Meaning payable on demand
What does payable on demand mean? Here you find 3 meanings of the word payable on demand. You can also add a definition of payable on demand yourself
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payable on demandadj. a debt on a promissory note or bill of exchange which must b...
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payable on demandA debt on a promissory note or bill of exchange which must be paid when demanded by the payee (the party to whom the debt is owed).
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payable on demandPayable on demand refers to to a note payable at any time a request to pay is made. The Uniform Commercial Code, which has been adopted in some form by nearly all states, provides:
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