demand note
1
7.1
- noun
- Specialized
:
pagaré
- The robber handed a demand note to the teller and demanded cash.
Examples
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In July of 1861, Congress authorized the multi-millions of dollars in demand notes.
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The bank has called in the demand note.
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A demand note.
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These demand notes were printed in green ink on the reverse side, hence their nickname, greenbacks.
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Police identified Tong as a suspect in the robbery using video surveillance and his fingerprints, which were found on the demand note, prosecutors said.
Blog text (31) -
After writing a demand note, she approached the bank to request funds.
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He quickly handed over the demand note, anxious to access his money.
Synonyms
173
1.5
A paper bill used as money or a written promise to pay money
6
7.0
A written promise to pay money to a named person or holder, payable on demand and sometimes later
A written promise to pay a set amount of money when asked or at a fixed time
Money you must pay back whenever the person or bank who gave it asks
How Trustworthy
Surface Forms
Morphology
The meaning is directly compositional: 'note' denotes a written/financial instrument and 'demand' indicates payable upon request, so a 'demand note' is naturally interpreted as a note payable on demand. This noun–noun construction is a transparent financial compound and is similarly expressed in other languages, so a B1 learner who knows both constituents can reasonably infer the meaning.
Etymology
Demand note comes from a simple image: a note that promises to pay money whenever the lender demands it. That's why it means a promise to pay 'on demand'.