draw

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draw

(1) A request that a lender advance funds under a construction or other future-advances loan.

(2) A periodic request by a contractor or subcontractor for a portion of the contract price for a job, usually according to the percentage of completion of the work and the cost of materials and labor.

References in periodicals archive ?
For maximum value, Verispan will augment The Changing Hospital Marketplace: Drawing Back the Curtain on Pharmaceutical Promotion with key data from its Diagnosis & Procedure Analyzer, which tracks the latest trends in hospital diagnoses and procedures.
He added that a fall opening may even have the unintended consequence of drawing back visitors who normally schedule their amusement park visits for the summer.