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Magda Posted 20 years ago
Grammar

To draw debts

Hi,
could you tell me what does "to draw debts" mean?

Thank you
  

Top answer

Is this in finances or in poker? draw: to take money from a place of deposit to draw debt probably: to take money (say a loan from a bank) and thus accumulate debt

— Marius Hancu

  • Is this in finances or in poker?
  • draw: to take money from a place of deposit to draw debt probably: to take money (say a loan from a bank) and thus accumulate debt
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6 Answers
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Is this in finances or in poker?Emotion: smile

draw:
to take money from a place of deposit

to draw debt
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Hi Marius,
it is in finance Emotion: smile

Thanks for your reply.
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Magda, can you give us the whole sentence, please? This isn't phrasing that I"m familiar with, and I have some knowledge of U.S. financial terms. Perhaps it's British, but I'd like to see the whole thing.

Thanks,

Barb
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I see. And what is the actual meaning of "down debts"? How "debts" are different from "down debts"? Emotion: thinking
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No, it's not "down debts" but "draw down." Draw down = reduce.
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Oh, I see Emotion: smile. Thank you.
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