Drawdown


Also found in: Dictionary, Legal, Encyclopedia, Wikipedia.

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 ?
Savers who haven't taken advice before accessing pensions will be offered drawdown investment options.
The drawdown, the daily said, is "a belated recognition that a grinding war that has killed thousands of civilians and turned Yemen into a humanitarian disaster is no longer winnable".
The rigid PVC drawdown data were provided by Huneault (refs.
The FCA found that competition in the drawdown market appears weak, with nearly 94% of non-advised customers accepting the drawdown option offered by their own pension provider, compared with only 35% of advised customers.
The drawdown period may be renewed up to four times.
The risks of drawdown are that people make bad investment decisions, do not manage the money well, or take too much out of their retirement pots, thereby putting their retirement income at risk.
OPTION 3: Or again at 62, use the transfer to buy an annuity and income drawdown.
As Prince Charles writes in the foreword: 'The solutions put forward in Drawdown reaffirm compelling truths that for some inexplicable reason have not yet been taken forward effectively.' I agree and hope political and business leaders in Westminster and the City have the opportunity to study the findings of this four-year survey and use their influence to help reverse global warming.
Drawdown quotes Bloomberg and suggests that by 2030 wind will be the cheapest of all electricity sources.
Steve Webb, policy director at the firm, said, 'There are various ways in which this could work, but a simple model would be that the policyholder commits to pay a regular insurance premium directly from the drawdown account to the product provider.'
These include the drawdown of FX reserves and government deposits from the banking sector alongside both domestic and international debt issuance.
crude dipping away from two-year highs reached the day before, but the shutdown of the Keystone pipeline and a drawdown in fuel inventories continued to bolster markets despite worries over rising output.