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 ?
He said that the government ensure early payment of these pending sales tax refund and duty draw back claims.
He termed the Custom authorities' demands for original Gumrak against duty draw back illogical because it is unavailable with exporters themselves and retained by authorities in Afghanistan.
3 : to draw back the hammer of (a gun) in readiness for firing
Susie Little, of CwmCalon, Ystrad Mynach, was said to be thrilled to hear about her win after entering the draw back in July.
After the twists are poses that draw back the shoulders and open up the heart center.
"My objective is to get the company established, get it up and running, get the momentum going, and then begin to draw back, but I think that's going to take a couple of years," he said.
As Professor Victor Davis Hanson, author of Mexifornia, told World magazine: "If there were not a perennial supply of cheap labor, wages would rise, and would draw back workers to now despised seasonal jobs; something is terribly wrong when central California counties experience 15 percent unemployment and yet insist that without thousands of illegal aliens from Oaxaca crops won't be picked and houses not built.
In exactly the same way that the Gospellers chronicle the presence of Mary Magdalene as the only non-family person present, so the reporters of local newspapers,in the olden days, would always have made a point in adding in their report ``And also present,at the house, was Mrs Emily Williams, No.16".We all knew that Emily would be the one who would draw back all the curtains before the family returned from church, and would have put the kettle on to boil and prepared the funeral tea.
The decision to draw back two brigades was delivered to senior commanders in the last few days.