Definition of On demand:
Trading: Bill of exchange (such as a demand draft or an uncrossed check) that is payable on the day it is presented to the drawee (or his or her bank) and does not require acceptance.
As soon as or whenever required.
Borrowing: Loan that must be repaid in full on the day the lender calls it (see call) for whatever reason. Known also a demand loan.
How to use On demand in a sentence?
- An on-demand movie service on broadband.
Meaning of On demand & On demand Definition