1a reduction in the size or presence of a military force:the unit is the first to leave Germany as part of the drawdown
an act of drawing on available funds or loan facilities:a drawdown on investment capital
a withdrawal of water, oil, or gas from a reservoir or repository:drastic drawdowns can render shorelines unusable for other economic activities and largely uninhabitable for wildlife
2a decline in an investment or fund:the drawdown seemed to be concentrated in the smaller hedge funds