What is the definition of Proprietors draw? | Dictionary.net

PROPRIETORS DRAW

\pɹəpɹˈa͡ɪ͡ətəz dɹˈɔː], \pɹəpɹˈa‍ɪ‍ətəz dɹˈɔː], \p_ɹ_ə_p_ɹ_ˈaɪə_t_ə_z d_ɹ_ˈɔː]\

Definitions of PROPRIETORS DRAW

1910 - Black's Law Dictionary (2nd edition)

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This is money that has been drawn by the owner of the meet to meet personal needs at the time. It is not for business purposes and will be taxed at an individual rate.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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