draw

draw definition - business

draw

  1. To write a preliminary draft of a legal document, such as a will.
  2. To withdraw funds from a depositary institution.
  3. To receive an advance payment against funds that are or will be owed.
  4. To take funds (as an owner) from one's own business.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.