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 ?
Fibers with draw-down less than 100 show a yield point and the stress drops after the yield.
Additional dynamic tensile tests were performed, and again the data sets indicate a rubber-like behavior of sPP fibers with draw-down above 250.