draw sth down

draw sth down
UK US draw sth down
— Phrasal Verb with draw({{}}/drɔː/ verb [T] (drew, drawn)
► (US also draw down on sth) FINANCE to take part of an amount of money that has been made available: »

We took out a bank loan which allowed us to draw down sums of money as we needed them.

 »

Some of the money would come from federal money that the state is entitled to but has not drawn down.

 »

Fund managers drew down on cash reserves and bet that the bull market would continue through the summer.

► (US also draw down) to reduce a supply of goods, or to be reduced: »

Consumers continue to draw down inventories of aluminum, copper, and other metals at London Metal Exchange warehouses.

 »

During the next 100 years, US coal reserves will draw down significantly.


Financial and business terms. 2012.

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Look at other dictionaries:

  • draw something down from something — ˌdraw sthˈdown (from sth) | ˌdraw ˈdown on sth derived (especially NAmE) (BrE usually draw) (finance) to take money from a fund that a bank, etc. has made available • …   Useful english dictionary

  • draw down on something — ˌdraw sthˈdown (from sth) | ˌdraw ˈdown on sth derived (especially NAmE) (BrE usually draw) (finance) to take money from a fund that a bank, etc. has made available • …   Useful english dictionary

  • draw down — transitive verb 1. : to be the cause of : attract their behavior drew down a storm of protest 2. : earn, receive drew down full pay 3. : expend …   Useful english dictionary

  • draw — [drɔː ǁ drɒː] verb drew PASTTENSE [druː] drawn PASTPART [drɔːn ǁ drɒːn] [transitive] BANKING 1. also draw out to take money from your bank account …   Financial and business terms

  • draw — draw1 W1S1 [dro: US dro:] v past tense drew [dru:] past participle drawn [dro:n US dro:n] ▬▬▬▬▬▬▬ 1¦(picture)¦ 2 draw (somebody s) attention 3 draw a conclusion 4 draw a comparison/parallel/distinction etc 5¦(get a reaction)¦ 6¦(attract)¦ 7¦(get… …   Dictionary of contemporary English

  • draw — 1 verb past tense drew, past participle drawn PICTURE/DESCRIPTION 1 WITH PENCIL (I, T) to make a picture of something with a pencil or pen: Can I draw your portrait? | I ve never been able to draw well. | draw sb sth/draw sth for sb: Hans drew… …   Longman dictionary of contemporary English

  • draw something up — 1 we drew up a list: COMPOSE, formulate, frame, write down, draft, prepare, think up, devise, work out; create, invent, de …   Useful english dictionary

  • call — 1 verb HAVE/USE A NAME 1 (T) be called sth to have a particular name or title: They have a three year old son called Matthew. | What was that book called? 2 (T) to use a particular name or title when you speak to someone: My name s Alan, but you… …   Longman dictionary of contemporary English

  • mark — mark1 W2S3 [ma:k US ma:rk] n ▬▬▬▬▬▬▬ 1¦(dirt)¦ 2¦(damaged area)¦ 3¦(coloured area)¦ 4¦(writing)¦ 5¦(level/number)¦ 6¦(student s work)¦ 7 full/top marks for effort/trying/persistence etc 8 high/low mark 9 make/leave your …   Dictionary of contemporary English

  • plan — {{Roman}}I.{{/Roman}} noun 1 for future ADJECTIVE ▪ ambitious, audacious, grand, grandiose ▪ The government has ambitious plans for prison reform. ▪ future ▪ …   Collocations dictionary

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