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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
ANOTHER Ayr Gold Cup slips by and yet again the draw played a major part with three of the first four home drawn 19, 26, 24 and 25.
Fans in the southern Brazilian city of Curitiba will be hoping for a more lively match than the 0-0 draw played out by Iran and Nigeria here on Monday.
The top half of the men's draw plays its quarterfinals today when top-ranked Rafael Nadal takes on 22-year-old Bulgarian Grigor Dimitrov and Murray plays 17-time Grand Slam champion Federer.
An indispensable tool for coaches, players and fans, iPlayBook IceHockey allows the user to draw plays, position players and create drills -- all in the palm of the hand.
THE luck of the draw played a big part in the 55th World Coarse Fishing Championships on Italy's Canal Navigable at Cremona.
"I really can't get worried about how the draw played out.
THE problem with rows between judges and politicians is they end up a scoreless draw played by two unattractive, self-interested teams who pay scant attention to the boos and derision from the crowd.
A high draw played a big part with the winner drawn 27, the runner-up in stall 29 and the third Colonel Cotton coming out of 28.