draw

draw draw [drɔː ǁ drɒː] verb drew PASTTENSE [druː] drawn PASTPART [drɔːn ǁ drɒːn] [transitive] BANKING
1. also draw out to take money from your bank account:

• Many credit cards can now be used to draw cash from ATMs around the world.

• All the money in his account has been drawn out.

2. to receive an amount of money regularly from your employer or from the government:

• In the first year of the partnership, Jenny drew a salary of £30,000.

• You are entitled to draw unemployment benefit.

3. ACCOUNTING to write out and sign a cheque or bank:

• I'll draw a cheque on the company account.

4. to write a bill of exchange:

• Bills are drawn by the exporter on the issuing or confirming bank.

draw something → down phrasal verb [transitive] FINANCE
1. to obtain money as part of a loan that has already been agreed, or to use money that has been saved:

• He drew down the final $25 million of the Bankers Trust loan.

• A lot of Japanese people will soon reach retirement and begin to draw down their life savings.

2. to use something that has been reserved or stored:

• Consuming nations should draw down their high oil inventories before asking OPEC to produce more.

draw something → up phrasal verb [transitive]
to write out or prepare an agreement, list, plan etc:

• The chairman had drawn up an agenda.

• The first thing you need to do is draw up a business plan.

• Our selection committee drew up the list of candidates.

* * *

Ⅰ.
draw UK US /drɔː/ verb [T] (drew, drawn)
(also withdraw) BANKING to get money from a bank or an account so that you can use it: draw money/cash from sth »

Customers will be charged each time they draw cash from the cash dispensers.

»

The company is now able to draw money from the £10m loan it has negotiated with Royal Bank of Scotland.

FINANCE to receive money regularly, especially as an employee or from the government: »

The chief executive drew £1million last year in salary and bonuses.

»

draw a salary/pension

BANKING to write out a cheque and receive money for it: draw a cheque on an account/a bank »

Consumers nowadays routinely pay for goods not with cash or cheques drawn on their bank accounts but with credit cards.

»

US Dollar cheques can be accepted if they are drawn on a bank with clearing facilities in the UK.

FINANCE, COMMERCE to write a bill of exchange (= document used in trade that orders payment for goods or services): draw a bill of exchange on sb »

Bills of exchange are drawn on buyers and accepted when the seller hands over the bill of lading covering the goods.

Ⅱ.
draw UK US /drɔː/ noun [C]
someone or something that attracts a lot of people: »

With an ice rink and indoor turf field, the complex has been popular and a draw for out-of-town visitors.

a big/huge draw »

As in China, the big draw is India's massive and lucrative domestic market potential.

[usually singular] an act of using some of the supply of something, especially oil or gas, or the amount that is used: »

Oil prices continued to rise yesterday amid fears that figures from America will show another big draw on stocks.

something that uses up part of a supply of something: »

The training program is a draw on all our resources.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • draw — (dr[add]), v. t. [imp. {Drew} (dr[udd]); p. p. {Drawn} (dr[add]n); p. pr. & vb. n. {Drawing}.] [OE. dra[yogh]en, drahen, draien, drawen, AS. dragan; akin to Icel. & Sw. draga, Dan. drage to draw, carry, and prob. to OS. dragan to bear, carry, D.… …   The Collaborative International Dictionary of English

  • Draw — Draw, v. i. 1. To pull; to exert strength in drawing anything; to have force to move anything by pulling; as, a horse draws well; the sails of a ship draw well. [1913 Webster] Note: A sail is said to draw when it is filled with wind. [1913… …   The Collaborative International Dictionary of English

  • draw — [drô] vt. drew, drawn, drawing [ME drawen < OE dragan, akin to ON draga, to drag, Ger tragen, to bear, carry < IE base * dherāgh , to pull, draw along > L trahere, to pull, draw] I indicating traction 1. to make move toward one or along… …   English World dictionary

  • draw — vb drew, drawn, draw·ing vt 1: to compose by random selection draw a jury 2: to take (money) from a place of deposit 3: to write and sign (a draft) in due form for use in making a demand draw a check …   Law dictionary

  • Draw — Draw, draws or drawn may refer to: The act of drawing, or making an image with a writing utensil A part of many card games A part of a lottery Wire drawing Draw (terrain), terrain feature similar to a valley (but smaller) formed by two parallel… …   Wikipedia

  • draw — ► VERB (past drew; past part. drawn) 1) produce (a picture or diagram) by making lines and marks on paper. 2) produce (a line) on a surface. 3) pull or drag (a vehicle) so as to make it follow behind. 4) pull or move in a specified direction. 5)… …   English terms dictionary

  • draw — draw; draw·ee; draw·er; draw·man; re·draw; re·draw·er; un·draw; with·draw; with·draw·able; with·draw·al; with·draw·er; with·draw·ment; with·draw·ing·ness; …   English syllables

  • draw — vb drag, *pull, tug, tow, haul, hale Analogous words: *bring, fetch: *attract, allure: *lure, entice: extract, elicit, evoke, *educe Contrasted words: see those at DRAG …   New Dictionary of Synonyms

  • draw on — (of a period of time) approach its end. → draw draw on suck smoke from (a cigarette or pipe). → draw draw on use as a resource: → draw …   English new terms dictionary

  • draw — [n] tie in competition dead end*, dead heat*, deadlock, even steven*, photo finish*, stalemate, standoff, tie; concept 706 draw [v1] move something by pulling attract, bring, carry, convey, cull, draft, drag, drain, educe, elicit, evoke, extract …   New thesaurus

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