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 classic literature ?
"We must draw once more before we are too weak even to eat," he whispered.
"You can draw if you want to, you know," Kearns warned him.
Kearns, with every eye upon him, looked at his two-card draw, counted the other three to dispel any doubt of holding more than five cards, and wrote on a betting slip.
He likewise examined his draw and counted his five cards.
"I had the best hand before the draw, and I still guess I got it."
"Mebbe this is a case where a hunch after the draw is better'n the hunch before," Kearns remarked; "wherefore duty says, 'Lift her, Jack, lift her,' and so I lift her another five thousand."
"I was in nine thousand before the draw, and I saw and raised eleven thousand--that makes thirty.
Loehr also urges that letters of credit not require as a condition to draw a certification from the landlord describing the basis for its claim under the letter of credit, whether a tenant defaults, fails to renew the letter of credit, or other reason.
One key belongs to a shiny Ferrari, another will vitalize a robot or unlock a jet plane for us to draw with.
There are lots of events listed on The Big Draw website so there's bound to be one near you.
In her lecture, she encouraged students to draw in a variety of ways to create representational and non- representational (abstract) work.
In her lecture, she asked the students to draw in a variety of ways to create representational and non-representational (abstract) work.