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
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)