drawdown
Short definition from Wiktionary
Noun
- The act of reduction or depletion (including through withdrawal or utilization).
- The act of reduction or depletion (including through withdrawal or utilization): The withdrawal of weapons, ammunition and other supplies from US stocks, and provision of it to another nation.
- The act of reduction or depletion (including through withdrawal or utilization): A lowering in water level, as in a well or a reservoir.
- The result of reduction, utilization, or depletion.
- (A measure of) the decline from a historical peak in some economic or financial variable.
- The process of a bank releasing previously agreed loan amount to the borrower, hence making it available for them to use.
- The borrowing of funds from a financial institution, under the terms of a credit agreement.
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