draw down (to)/drawdown

 Reduce; amount that has been borrowed under a loan agreement.
 ► “In boom times, business adds to inventories at an increasing rate, which aids gross domestic product growth. But in recession, inventories start looking menacing. They are the overhang that business must draw down before resuming normal production.” (Barron’s, March 27, 1995, p. 40)

American business jargon. 2014.

Look at other dictionaries:

  • draw down on something — ˌdraw sthˈdown (from sth) | ˌdraw ˈdown on sth derived (especially NAmE) (BrE usually draw) (finance) to take money from a fund that a bank, etc. has made available • …   Useful english dictionary

  • draw|down — «DR DOWN», noun. 1. the lowering of a fluid level by pumping, as in a well. 2. the extent of such lowering. 3. U.S. a reduction; cutback: »In what may be the beginning of a worldwide drawdown, the President announced that 14,900 troops will be… …   Useful english dictionary

  • draw down — transitive verb 1. : to be the cause of : attract their behavior drew down a storm of protest 2. : earn, receive drew down full pay 3. : expend …   Useful english dictionary

  • draw something down from something — ˌdraw sthˈdown (from sth) | ˌdraw ˈdown on sth derived (especially NAmE) (BrE usually draw) (finance) to take money from a fund that a bank, etc. has made available • …   Useful english dictionary

  • drawdown — /draw down /, n. 1. a lowering of water surface level, as in a well. 2. a reduction or depletion: a drawdown of weapons in an arms limitation plan. [1780 90, for literal sense; DRAW + DOWN1] * * * …   Universalium

  • drawdown — draw•down [[t]ˈdrɔˌdaʊn[/t]] n. 1) cvb a lowering of water surface level, as in a well 2) cvb bus a reduction or depletion • Etymology: 1915–20 …   From formal English to slang

  • drawdown — The worst percentage cumulative loss (from peak to valley) for an investment in the managed futures industry is known as a drawdown. The CENTER ONLINE Futures Glossary The state in which the borrower obtains some of the project financing, usually …   Financial and business terms

  • drawdown — I. ˈ ̷ ̷ˌ ̷ ̷ noun ( s) Etymology: draw down 1. : the distance by which the fluid surface level (as in a well or reservoir) is lowered (as by pumping or gate opening) 2. : the curving downward of the water surface near the edge of a weir n …   Useful english dictionary

  • drawdown — of troops, by 1991, in reference to the end of the Cold War; from DRAW (Cf. draw) (v.) + DOWN (Cf. down) (adv.). Earlier of wells (c.1900) …   Etymology dictionary

  • William Bengen — William P. Bengen is a certified financial planner, who published what has come to be referred to as The Four Percent Drawdown rule for withdrawal rates from retirement savings (also referred to, idiomatically, as tapping into the ).Bengen… …   Wikipedia


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