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 ?
Little Joe Industries offers the ADM Automatic Draw-Down Machine for use with grind gages.
The spinning draw-down is defined as the ratio between the fineness (in units of tex = weight in grams per km length) of an unwound as spun fiber and the fineness of the wound fiber.
Depending on the spinning draw-down, fibers with a wide range of fineness 1 tex to 58 tex, or of diameter 38 [mu]m to 290 [mu]m can be prepared (Fig.
Figures 1c and 1d show plots of tensile strength and elongation at break versus draw-down of as-spun fibers, respectively.
Except for as-spun fibers with low draw-down, a post drawing could not be performed.