drawdown

See also: draw down

English

Etymology

draw +‎ down

Noun

drawdown (plural drawdowns)

  1. The act of reduction or depletion.
  2. The result of reduction or depletion.
  3. A change in hydraulic head in a well or other body of water.
  4. (economics) 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.
  5. (banking) The process of a bank releasing previously agreed loan amount to the borrower, hence making it available for them to use.

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