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.
Q&A. Assets, expenses, losses, and the owner's drawing account will normally have debit balances. Their balances will increase with a debit entry, and will decrease with a credit entry. Liabilities, revenues and sales, gains, and owner equity and stockholders' equity accounts normally have credit balances.