Definitions for "DRAWS"
Keywords:  carabiners, slings, rope, help, short
Short slings with carabiners that help manage the location of a rope
1. An advancement of money against future earning. 2. Periodic advances of funds under a construction loan agreement.
Money taken out from an escrow account during the building of a home to finance each phase on the construction.
A system of payments to a contractor under a construction loan.
Keywords:  withdrawals, credit, pay, money, line
Draws, or drawdowns, are other names for withdrawals that you make on a line of credit. With a credit line, you only pay interest on the amount of your withdrawals, and only for the period that you have borrowed the money.