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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
In previous work on shape change during drawdown, Griffith and Tsai (ref.
The continued decline in Saudi Arabian Monetary Authority (SAMA's) NFAs partly reflects the government's drawdown of its foreign assets to help cover the fiscal deficit.
and operations; yet, considering aspects of drawdowns in a vacuum
I would certainly plan on fishing both Rodman's main lake section and river during the next drawdown, slated for the fall of 2018.
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.
Third, combining offense and defense -- i.e., mixing stock screening and tactical hedging -- may lead to outperformance as well as to improved risk and drawdown parameters, according to the recent Cambria report.
One recent motivation for drawdowns on many local waters is to eliminate choking vegetation.
The Facility is a secured loan with a term of three years from initial drawdown which is expected to occur in the first half of 2013.
The fact that root systems are branched and that the water drawdown of individual roots overlap in geometrically complicated patterns necessitates the extension of the Gardner model to the whole root model.
Some analysts began to stress the importance of coordinating stock drawdowns worldwide during an emergency lest stocks drawn down by one nation merely transfer into the stocks of another and defeat the price-stabilizing objectives of a stock drawdown.
In this paper, where we have melt-spun filaments found under uniaxial stress, we have found glassy/mesomorphic products only at low drawdowns/stresses, and all trans-conformation [alpha]-crystalline fibers at higher drawdowns. The situation with polypropylene has similarities.