drawing up an account

  • 1drawing account — ➔ account1 * * * drawing account UK US noun [C] US ► ACCOUNTING a company account that contains a record of the money that its owners take for themselves ► BANKING a bank account that employees use for expenses related to their jobs …

    Financial and business terms

  • 2Account planning — is the discipline that brings the consumer into the process of developing advertising. To be truly effective, advertising must be both distinctive and relevant, and planning helps on both counts. Chris CowpeHistoryAccount planning is a job title… …

    Wikipedia

  • 3drawing account — n. an account of or for money paid for expenses, advances on salary, etc., as to a salesman …

    English World dictionary

  • 4account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …

    Financial and business terms

  • 5drawing account — noun 1. : current account 2. : an account showing usually periodic cash payments to an employee in advance of actual earnings or for expenses to be incurred; especially : one showing advances to a salesman against commissions on future sales or… …

    Useful english dictionary

  • 6Drawing Account — An accounting record maintained to track money withdrawn from a business by its owners. A drawing account is used primarily for businesses that are taxed as sole proprietorships or partnerships. Owner withdrawals from businesses that are taxed as …

    Investment dictionary

  • 7drawing — /draw ing/, n. 1. the act of a person or thing that draws. 2. a graphic representation by lines of an object or idea, as with a pencil; a delineation of form without reference to color. 3. a sketch, plan, or design, esp. one made with pen, pencil …

    Universalium

  • 8drawing account — The account of an employee, usually a salesman working on a commission or part commission basis, with the employer, upon which advances are made to the employee at intervals fixed by the contract of employment or upon request by the employee.… …

    Ballentine's law dictionary

  • 9drawing account — draw′ing account n. 1) bus an account used esp. by a business partner for cash withdrawals 2) bus an account that is charged with advances of money against future earnings, esp. sales commissions • Etymology: 1825–35 …

    From formal English to slang

  • 10drawing account — Com. 1. an account used by a partner or employee for cash withdrawals. 2. an account that is charged with advances of money for expenses, on salaries, against earnings, etc., esp. for sales representatives. [1825 35] * * * …

    Universalium