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pay on demand

   Also found in: Acronyms 0.01 sec.
See: bear the expense


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Whether there is a written unconditional promise to pay on demand or on a specified date a
High jobless rates, idle young people desperate for access to the consumption cornucopia thrust in their faces by communications media that know no boundaries, and dealers only to happy to provide the weapons that in Soweto they call the blank cheque-because they pay on demand to the bearer any amount requested.
However, debt will be considered straight debt if it involves an unconditional written promise to pay on demand or on a specified date a
 
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