Princeton's WordNet(0.00 / 0 votes)Rate this definition: 1  throat, pharynx(noun) the passage to the stomach and lungs; in the front part of the neck below the chin and above the collarbone. 2  throat(noun) an opening in the vamp of a shoe at the instep. 3  throat(noun) a passage resembling a throat in shape or function.
A draw is a payment to a commissioned employee that is credited, in whole or in part, against. future commissions. Draws typically function like an advance or guaranteed minimum payment. of commissions subject to settlement at set intervals. At the settlement, draws made are.
A drawing account is used primarily for businesses that are taxed as sole proprietorships or partnerships. Owner withdrawals from businesses that are taxed as separate entities must generally be accounted for as either compensation or dividends.