Drawn blood financial definition of drawn blood
draw (redirected from drawn blood)
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(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
Jodi Mogford faces a date with the Jockey Club stewards after it was found that his whip had marked Ambleside and drawn blood
when the 11-year-old filled the runner-up spot a length behind Struggles Glory in the handicap chase.
The gulls have drawn blood
several times, and locals fear children could be badly hurt.