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Stanaford Data /

Draw

A form of compensation sometimes used with brokers. A Draw is a fixed monthly amount of money paid to the broker as an advance on future commissions earned. It may be paid back in full from the first commission(s) earned before the broker receives any commission, or part of each commission may be paid to the broker and part allotted to paying down the Draw. Brokers on a Draw generally earn a higher % commission than brokers receiving a salary.

Term in Russian