Demand Loan - Law Dictionary Search Results
demand loan
demand loan see loan
loan
mortgage on the property rather than by any federal agency demand loan : a loan that is subject to repayment upon demand
due on sale clause
clause a provision of a loan allowing the lender to demand full repayment of the loan if the property is sold.
Payable on demand
Payable on demand, The words 'payable on demand' in a promissory note mean … is 'always payable' or payable from the moment when the loan is made, whereas in the content of Art. 22, 'the
Loan
depositor to go to the depositee and to make a demand for it, Gurcharan Das v. Ram Rakha Mal, AIR 1937 … Loan [hl'n, Sax.], anything lent or given to another on condition
bank
(as a branch of an out-of-state bank) that either accepts demand deposits or makes commercial loans payor bank : a bank … bank : an organization for the custody, loan, or exchange of money, for the extension of credit, and
loan acceleration
in a mortgage that gives the lender the right to demand payment of the entire outstanding balance if a monthly payment … loan acceleration an acceleration clause in a loan document is a
call
a barrister [was ed to the bar] 3 : to demand payment of esp. by formal notice [ a loan] 4
mortgage acceleration clause
acceleration clause a clause allowing a lender, under certain circumstances, demand the entire balance of a loan is repaid in a
acceleration
acceleration the right of the lender to demand payment on the outstanding balance of a loan. Source: U.S.
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