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Simple English definitions for legal terms

demand loan

Read a random definition: address to the Crown

A quick definition of demand loan:

A demand loan is a type of loan where the lender can ask for the money back at any time, usually with a day's notice. It's different from a term loan, which has a set due date. When you borrow money, you have to pay it back with interest. There are many types of loans, like a mortgage loan for buying a house or a consumer loan for personal expenses. Some loans are secured by property or securities, while others are unsecured and based on the borrower's promise to pay.

A more thorough explanation:

A demand loan is a type of loan where the lender can ask for repayment at any time, usually with 24 hours' notice, as there is no fixed maturity date. This type of loan is also known as a call loan.

For example, if a business takes out a demand loan from a bank, the bank can ask for repayment at any time, even before the loan's due date. This type of loan is usually given to businesses that need quick access to funds for short-term needs.

demand instrument | demand of oyer

General

General chat about the legal profession.

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Dkk

19:42

SEO is big money

KnowledgeableRitzyWasp

19:42

2016 pushed the conservative party into populism irreversibly

Dkk

19:43

Maybe, but if this is populism, then every election is populist.

llama

19:43

@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working

Dkk

19:43

Indeed!

llama

19:48

wasp, i think people are hopeful for a gov who at least attempts to care about the common man

JapaneseMacaque

20:55

MIAMI A

[] AromaticTroubledDormouse

20:55

How does one know if they are UR1 or UR2?

[] AromaticTroubledDormouse

20:56

CONGRATS MACAQUE!

JapaneseMacaque

20:57

TY

jackfrost11770

20:59

got a random stanford email and almost had a heart attack

jackfrost11770

20:59

ALSO CONGRATS!

texaslawhopefully

21:03

Congrats1!

Ratratta

21:15

Miami A, yall I'm so excited I could cry.

Ratratta

21:15

Feel like I can finally stop holding my breath!! Whew!!!

[] baddestbunny

22:16

every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles

Dkk

22:32

Nice! @Macaque

Dkk

22:32

@Aromatic, Have to guess.

Dkk

22:33

That sucks @Bunny do you have to go to the hospital?

[] baddestbunny

22:40

I said accosted not assaulted

JazzyGazelle

23:35

guys. my notre dame address just went long is this good or bad

1a2b3c4d26z

23:37

Oooooo me too

JazzyGazelle

23:37

omg is this good or bad

Dkk

23:47

Idk if gender roles are gunna fix that then.

JazzyGazelle

23:49

it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??

180SupremeWarrior

23:53

hows ED 2 compared to ED 1?

Dkk

0:10

No idea

windyMagician

0:34

reporting live to say my ndls address also went long

JazzyGazelle

0:59

does it mean anything ^

Dkk

2:21

NDLS and Fordham took a very long time last year. It's good info for people to know.

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