call loan

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Related to demand loan: Term loan

call loan

A loan that is payable at any time on the demand of the lender; in some instances, the borrower may also have the right to repay the loan at any time he chooses.
References in periodicals archive ?
22) The Seventh Circuit noted a possible analogy of the interest-free demand loan of money to a revocable transfer of property, but then distinguished the two situations.
in debt, which included the demand loan and accrued interest
The guidelines, which were announced following endorsement by the Research Commission on the Finance and Banking Systems in the ruling Liberal Democratic Party, are designed to protect management independence because parent companies may be tempted to demand loans from banking subsidiaries during business slumps.
Although the loan documents contained no fixed maturity dates, they were the equivalent of demand loans (which are not uncommon in financing transactions).
The centre will consider three major types of loans - demand loans, term loans and equity investments.
1993-24) announced the blended annual rate for 1993 demand loans is 4.
ComplianceOne will also now support numerous new transaction types, including commitment letters, oil and gas loans, commercial debt modifications, demand loans, and evergreen loans.
It also contains examples of how below-market term and demand loans affect corporations and shareholders.
Many owners of closely held businesses have fluctuating demand loans to or from their businesses and accordingly use the short-term or demand-loan rate that is specified by the IRS.
as lender (the "Lender"), which amended the Demand Promissory Note (the "Demand Note") dated September 28, 2007, relating to demand loans that may be advanced by the Lender from time to time in the principal amount of up to $3 million.
Miller apparently argued that only the interest forgone on the demand loans, and not their principal, was a gift for Federal gift tax purposes, relying on Dickman, 465 US 330 (1984).