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 ?
New York: Facebook is drawing fire from privacy activists again, after unveiling a new policy which could turn users' data and pictures into advertising.
But the "Caravaggio" biopic is drawing fire from Italy's gay community--and the Vatican--over how the maestro of chiaroscuro's supposed homosexuality is depicted.
citizen would increase sharply under a new immigration fee structure drawing fire from across the political spectrum.