A loan with no fixed term or repayment schedule. It can be recalled upon the lender's request, assuming the notice required by the provisions of the loan are met.
Author Selection Guidance
All parties involved in the transaction - both the lender and borrower. Both of these roles are likely to be identified with the introduction of the demand note.
Publisher Selection Guidance
In this case the author and publisher should be the same.
Node Naming Convention
Use title as given in the document.
Related YPFS Content Type
Briefing Note - A short paper that quickly and effectively informs a decision-maker about an issue.
Market Notice - A formal communication issued by a central bank to participants in a specific capital market that sets out to further detail or update the parameters for a intervention program.
Notes - General - A brief record of facts, topics, or thoughts, written down as an aid to memory or organize a plan of action.
Notes - Revision/Comments - Written remarks or commentary intended to improve existing language or draft of a document.
Notice - A formal written notification that warns or imparts new guidelines that affect the legal rights, ability to access services, obligations, or duties of a specific population.
Program Note - A brief reflection on he programmatic experience and effectiveness of specific policy tool from the institution administering the program, or international organization surveying multiple programs. The main distinction here is that Program Notes are written with the benefit of hindsight.