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 ?
These include the drawdown of FX reserves and government deposits from the banking sector alongside both domestic and international debt issuance.
Finally, Linn criticizes Drawdown for being too focused on battle
During the acquisition drawdown between fiscal years 2008 and 2015, total obligation authority for Army modernization fell 74 percent in real terms, from $90 billion to $24 billion.
The drawdown also helps reduce the rapid pressure change that salmon can experience when water levels are higher, he said.
Another little known and rarely discussed concept about drawdown is that the extrudate continues to draw down until it reaches the glass-transition temperature (Tg) in crystalline polymers, or the heat-distortion temperature in amorphous resins.
Equatorial and meridional X-ray diffractometer scans of the melt-spun filaments of s-PS at various drawdown ratios are shown in Figs.
The Army has historically focused on education and professionalization as mitigating factors during drawdowns.
Similar to other upstate New York counties, Oneida County remains pressured by increasing mandated social service costs, leading to fund balance drawdowns in three out of the last four audited fiscal years.
75 million of common stock during the period from June 24, 2006 through December 31, 2006 in up to three drawdowns made by Idera, at Idera's direction.
Further drawdowns on the Facility are linked to standard project milestones.
Furthermore, the system's ample liquidity of one-and-one-half year's operating expenditures in fiscal 2004 mitigates any actual drawdowns as a credit concern.
The Outlook revision to Stable from Negative recognizes the turnaround and continual improvements to the county's financial operations following six consecutive years of general fund drawdowns.