Drawdown


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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.
References in periodicals archive ?
The Governments pledge to 'abolish' the 55% death tax on pensions is not all it seems though because pension pots inherited when the member (or last drawdown account holder) dies after age 75 will still be subject to tax.
The pension commencement lump sum (PCLS) works in exactly the same manner as under current capped drawdown rules.
The drawdown of American forces has been a cyclical part of the nation's military experience.
I suggest therefore that you speak to your current adviser or, if you do not have one, a chartered financial planner, who has sufficient knowledge of at retirement planning, to assess whether it is appropriate for you to increase the amount of drawdown income you receive from your pension and, if it is, how to give effect to that increase.
The drawdown also helps reduce the rapid pressure change that salmon can experience when water levels are higher, he said.
The only firm plans that we have at this point is to drawdown some of the surge forces by the end of this year and additional tranche of surge forces by summer of next year," Little said.
Where someone satisfies the MIR and has additional pension benefits which might be considered suitable for flexible drawdown, there are other considerations which should be borne in mind: * As with other pension schemes, the minimum age at which income can be taken from a flexible drawdown is 55.
Paul says a uniform tax charge of 55% will apply to lump sum death benefits paid from pensions in drawdown, and also to benefits that have not been put into drawdown where an individual is over age 75.
Drawdown plans, which enable people to unlock money in stages as they need it, accounted for 74% of all equity release plans taken out during the year, up from 64% in 2009.
The Army removed trucks, tanks, ammunition, supply containers and helicopters from Iraq as part of a well-planned, systematic drawdown of equipment, service officials said.
In profile extrusion, drawdown is the percentage differential between the dimensions of the die as designed vs.