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drawing account
noun
, Commerce.
- an account used by a partner or employee for cash withdrawals.
- an account that is charged with advances of money for expenses, on salaries, against earnings, etc., especially for sales representatives.
drawing account
noun
- an account out of which an employee, partner, or salesman may make withdrawals to meet expenses or as advances against expected income
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Word History and Origins
Origin of drawing account1
First recorded in 1825–35
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Example Sentences
Give me a drawing account equal to my present salary, and I'll earn it in commissions.
From Project Gutenberg
“Harken, O most revered Drawing Account,” she said, dropping back on a broad place in the trail to be near him.
From Project Gutenberg
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