Your English writing platform
Discover LudwigExact(5)
The bank said it would treat the obligations as demand loans, court papers say.
Generally, though, if all loans to a child are demand loans (meaning there's no specified repayment schedule) and total less than $10,000, the parent need charge no interest.
If it finds that the funds were used for purposes other than intended, the EU bank will have to "ask ourselves whether we have to demand loans back", he said.
Most are "demand loans" that can be terminated at will by the lender.
The Corporate/Wholesale Banking segment offers an array of loan products and services, which include term, short-term and demand loans, working capital facilities, trade finance products, bridge, syndicated, infrastructure and foreign currency loans, loan against future rent receivables and many more to its large and mid corporate clients depending upon their needs.
Similar(54)
It's fine if it's merely a demand loan and there's no repayment schedule.
Or the government can reduce the banks' debts, by using its influence to encourage, or even demand, loan forgiveness.
Millions are on the breadline as a result of Tory welfare cuts; food banks are struggling to meet demand; loan sharks wax fat; hospitals are treating cases of malnourishment and rickets.
The Department also acquiesced in efforts by Corinthian, fearful that many students would demand loan forgiveness, to steer students to transfer to other predatory, low-quality for-profit schools.
It also said net credit-loss dollars in 2002 would top 2001 levels, while the slow U.S. economy weakens loan demand, and loans that originated before 2001 in its higher-risk-standard unit worsen.
What is the state of loan demand? A. Loan demand is not picking up yet, although a handful of banks, most recently Bank of America, are saying they are seeing some signs of firming in commercial lending.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com