draw on/upon sth Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “draw on/upon sth” in the English Dictionary

"draw on/upon sth" in Business English

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draw on/upon sth

phrasal verb with draw uk   /drɔː/ us   verb [T] drew, drawn
to start using a supply of something: Americans are spending more than they earn, drawing on savings and building up debt to do so. He has secured a loan for a new building by drawing upon the resources of two existing tenants.
(Definition of draw on/upon sth from the Cambridge Business English Dictionary © Cambridge University Press)
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