Periodic advances of funds according to the schedule of payments in a construction loan agreement. Also called advance, disbursement, payout, progress payment, or takedown.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). draw. Retrieved September 20, 2026, from http://smartdefine.org/draw/definitions/1152445 |
| Chicago | Barry Goldsmith. 2010. "draw" http://smartdefine.org/draw/definitions/1152445 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, draw, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/draw/definitions/1152445>. |
| MLA | Barry Goldsmith. "draw" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/draw/definitions/1152445> |