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 ?
That simulation can be compared with a 20-year simulation with an increased initial draw-down rate, assuming that the portfolio did not grow during the first 10 years.
Figures 1c and 1d show plots of tensile strength and elongation at break versus draw-down of as-spun fibers, respectively.
Both the Core and Draw-Down services may be required during the course of the contract for premises occupied by SE for operational purposes, in addition to the Investment Portfolio.
Draw-down warrants: being 50% of drawn down funds divided by the exercise price; and