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drawdown

Pronunciation: /ˈdrɔːdəʊn/

Definition of drawdown

noun

  • 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

drawdown in other Oxford dictionaries

Definition of drawdown in the US English dictionary