draw
In legal contexts, “to draw” can mean withdrawing funds from an account, receiving money in advance (e.g. a loan), or drafting legal documents such as deeds or wills.
[Last reviewed in July of 2025 by the Wex Definitions Team]
Keywords
Wex
- ACADEMIC TOPICS
- law and economics
- legal education and writing
- COMMERCE
- commercial activities
- banking
- finance
- financial services
- LIFE EVENTS
- financial events
- mortgages
- wills
- business organizations
- contracts
- wex definitions
- business sectors
- commercial transactions
- legal education and practice
- money and financial problems