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Drawdown
(redirected from Draw-downs)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
Drawdown
The state in which the borrower obtains some of the project financing, usually progressively according to construction expenditures plus IDC.

Drawdown
1. In construction, a situation in which a company receives part of the funding necessary to complete a project. The company may receive the funding gradually over the course of the project. See also: IDC.

2. The gradual decline in the price of a security or other investment between its high and low over a given period. See also: Bear market.


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In short, the trader must be able to accept, without concern, the draw-downs expected to occur in the system being used.
Since these aspects are no longer operator dependent your grind gage draw-downs will be more consistent while requiring less operator training and supervision.
The values of the elongation at break drop with increasing draw-down and asymptote at large draw-downs.
 
 
 
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