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Demand line of credit
Demand line of creditA bank line of credit that enables a customer to borrow on a daily or on-demand basis. RELATED TERMS-------------------------------------- Bank A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals. Credit Money loaned. Borrow Is the term which indicates a credit relationship. In securities it can refer to borrowing funds or borrowing securities. Basis The price an investor pays for a security plus any out-of-pocket expenses. It is used to determine capital gains or losses for tax purposes when the stock is sold. SIMILAR TERMS-------------------------------------- Demand deposits Checking accounts that pay no interest and from which funds can be withdrawn upon demand. Demand loan A loan which can be called by the lender at any time and carries no set maturity date. Demand master notes Short-term securities that are repayable immediately upon the holder's demand. Demand pull inflation A theory of inflation or price increases resulting from so-called excess demand. Demand shock An event that affects the demand for goods and services in an economy. PREVIOUS AND NEXT TERMS-------------------------------------- Delta cross-hedge A futures hedge that has both maturity and currency mismatches with an underlying exposure. Delta hedge A dynamic hedging strategy using options that calls for constant adjustment of the number of options used, as a function of the delta of the option. Delta neutral Describes value of a portfolio not affected by changes in the value of the asset on which the options are written. Delta spread A ratio spread that is established as a neutral position by utilizing the deltas of the options involved. Demand deposits Checking accounts that pay no interest and from which funds can be withdrawn upon demand. Demand line of credit Demand loan A loan which can be called by the lender at any time and carries no set maturity date. Demand master notes Short-term securities that are repayable immediately upon the holder's demand. Demand pull inflation A theory of inflation or price increases resulting from so-called excess demand. Demand shock An event that affects the demand for goods and services in an economy. Denomination Corresponds to the face value of currency units, coins, and securities. We thank you for using the Financial Dictionary to search for Demand line of credit. If you have a better definition for Demand line of credit than the one presented here, please let us know by making use of the suggest a term option. This definition of Demand line of credit may be disputed by other professionals. Our attempt is to provide easy definitions on Demand line of credit and any other medical topic for the public at large.
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