Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- n. A bill or draft payable in lawful money upon presentation or demand.
Wiktionary
- n. A note that normally has no date for repayment, but is due on demand of the lender. Usually the lender will only give the borrower a few days notice before the payment is due.
WordNet 3.0
- n. a note payable on demand
Examples
“A note in favor of Miser Sing, a notorious moneylender, for 30,000 HK at 3 percent per month interest; a long overdue sight demand note from the Ho-Pak Bank for $20,000 U.S. and a letter from Richard Kwang dated last week saying unless John Chen made some arrangements soon he would have to talk to his father.”
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