noun Download 🔗Share The act of reduction or depletion. Examples : "The drawdown of water in the lake was noticeable after the long drought. " amount business finance economy technical Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share The result of reduction or depletion. Examples : "The company experienced a significant drawdown in its cash reserves after the unexpected expense. " outcome business finance military Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A change in hydraulic head in a well or other body of water. Examples : "The recent drought caused a significant drawdown in the town's water well. " geology environment nature science technical Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A measure of the decline from a historical peak in some variable, typically the cumulative profit or total open equity of a financial trading strategy. Examples : ""The business owner experienced a 20% drawdown in monthly revenue after the new competitor opened nearby, meaning profits fell 20% from their highest point." " business finance economy technical statistics value Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share The process of a bank releasing previously agreed loan amount to the borrower, hence making it available for them to use. Examples : "After the final approval, the borrower requested the first drawdown of the loan to begin construction. " finance business economy Chat with AIVocabulary GamePractice Reading