payable on demand
Payable when presented or upon request for payment; payable at any time. [Cases: Bills and Notes 129(3). C.J.S. Bills and Notes; Letters of Credit§ 90.]
Search Results for: payable on demand
demand
demand v. (1)要求；需要 (2)询问；查问；追究 (3)强要；强令 (4)向…提出正式合法要求；传唤 (5)召唤 n. (6)请求；要求 (7)所要求之物 (8)正式合法的要求 (9)征收 (10)(汇票、本票、支票等的)提示付款(→call；liquidated demand；on demand；payable on demand；cross-demand；reciprocal demands)
payable
payable, adj. (Of a sum of money or a negotiable instrument) that is to be paid. • An amount may be payable without being due. Debts are commonly payable long before they fall due. payable after sight. Payable after acceptance or protest of nonacceptance. See sight draft under DRAFT. [Cases: Bills and Notes 129(3). C.J.S.
demand instrument
demand instrument. An instrument payable on demand, at sight, or on presentation, as opposed to an instrument that is payable at a set future date. — Also termed demand note. [Cases: Bills and Notes 129(3). C.J.S. Bills and Notes; Letters of Credit§ 90.]
demand note
A note payable whenever the creditor wants to be paid. See call loan under LOAN. [Cases: Bills and Notes 129(3). C.J.S. Bills and Notes; Letters of Credit§ 90.]
on demand
on demand. When presented or upon request for payment (this note is payable on demand). — Also termed on call. See PAYABLE. [Cases: Bills and Notes 129(3). C.J.S. Bills and Notes; Letters of Credit§ 90.]
on demand
on demand 即期；见票即付 指任何即期应付票据的付款人在合法受款人要求兑付时应予以立即兑付。即期付款票据包括见票即付或提示即付的票据，以及未载明付款时间的票据。 (→payable on demand)
traveler’s check
A cashier’s check that must be signed by the purchaser at the time of purchase and countersigned when cashed; an instrument that (1) is payable on demand, (2) is drawn on or payable at or through a bank, (3) is designated by the term “traveler’s check” or by a substantially similar term, and (4) requires,
negotiable instrument
A written instrument that (1) is signed by the maker or drawer, (2) includes an unconditional promise or order to pay a specified sum of money, (3) is payable on demand or at a definite time, and (4) is payable to order or to bearer. UCC § 3-104(a). — Also termed negotiable paper; negotiable note.
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