Definition of "demand note" []

• A bill or draft payable in lawful money upon presentation or demand. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "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."