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.
For the third payment, the due date is September 2 (30 days from the due date of the second payment). For the fourth payment, the due date is October 2 (30 days from the due date of the third payment). In addition to specifying the split payment term, you can specify the discount percent and the discount days.