DRAWING ACCOUNT


Meaning of DRAWING ACCOUNT in English

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 for traveling expenses

3. : an account showing the withdrawals of a proprietor or partner from his business ; especially : one showing withdrawals against current or anticipated profits — called also personal account

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.