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 ?
She bit a young man working on her team on the bottom so hard that it drew blood.
Romanian-born Iomelia Ionita also drew blood from guard Ricky Lawless's hand when she dug her nails into it.
By the age of 3, the twins were booted out of a day-care center after they bit and drew blood from other children.