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