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What does on demand mean?

Looking for the meaning or definition of the word on demand? Here's what it means.

Prepositional phrase
  1. (idiomatic) When needed or required.
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Examples
None of this will matter once everything is digitized and it's all ephemerally available on demand for some micropayment.
The market and the authorities have combined to assure the virtually frictionless conversion of Treasuries into payment money on demand.
Like other types of bills of exchange payable on demand, a cheque has to be presented for payment within a reasonable time.
It continually adjusts to the owner's driving preferences, tuning itself to provide more power on demand for better fuel economy.
But with personal property creatable on demand from sunlight and dirt, it's not clear what the medium of exchange would be.
With the luxury of push-button devices, DJs and truck-borne musicians increased music speed on demand or at will.

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