- drawdown
- The worst percentage cumulative loss (from peak to valley) for an investment in the managed futures industry is known as a drawdown. The CENTER ONLINE Futures Glossary————The state in which the borrower obtains some of the project financing, usually progressively according to construction expenditures plus IDC. Bloomberg Financial Dictionary
* * *
drawdown draw‧down [ˈdrɔːdaʊn ǁ ˈdrɒː-] also draw-down noun• Strong demand for oil has resulted in a large drawdown in world stocks.
2. [uncountable] FINANCE when someone obtains money as part of a loan that has already been agreed or uses money that they have saved:• an income drawdown plan that allows you to keep your fund invested while drawing a regular income
• Even if an investor says he is prepared for a 30% drawdown, he always finds it a worse experience then he imagined when it happens.
* * *
Taking delivery of funds made available from financial institutions. It can include credits from the IMF, eurocredits from banks, or corporate use of credit granted by a domestic bank.► See also IMF.* * *
drawdown UK US (also draw-down) /ˈdrɔːdaʊn/ noun► [C or U] FINANCE a situation in which someone takes an amount of money that has been made available: a drawdown facility/plan/scheme »The income drawdown plan allows you to keep your fund invested after retirement while you draw an annual income from it.
»Overpayments are available for drawdown at any time.
»One of the big dangers of income drawdown is that funds can be seriously eroded if too much income is taken out.
► [C or U] ECONOMICS the act of using part of a supply of something, or the amount that is used: a drawdown in sth »The situation is so tight for the product and we continue to see a drawdown in stock levels.
»Domestic gas stocks had declined to 37% of capacity, which was a larger drawdown than analysts had expected.
► [C] FINANCE a reduction in the value of an investment below its highest point: »The fund has had two large drawdowns this year and is £9m in debt.
Financial and business terms. 2012.