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 ?
led system intended to shoot down missiles from so-called "rogue" nations, has drawn fire from church leaders in Canada.
The plight of the prisoners has drawn fire from international human rights organisations.
The expansion has drawn fire from family planning advocates.
The annual ranking issue has drawn fire over the years because of its influence on school choice: Early decision programs boost a college's yield, making it appear more desirable to prospective students and their families.
The route of the line has drawn fire from environmentalists because it passes through several nature reserves.
The proposal has since drawn fire from the LDP's Tax System Research Commission, as well as from the president of Japan Tobacco Inc.
The proposal has drawn fire, however, from public school advocates.