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Draws

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

An amount of money that a payee may “borrow” against their future income (e.g., commissions), and that the company may (or may not) recover whether or not the person actually earns the income and the terms of their employment contract.

To better understand draws, and how they differ from guarantees, read “Recoverable & Non-Recoverable Draws.”