DRAWDOWN

Etymology

Noun

drawdown (countable and uncountable, plural drawdowns)

The act of reduction or depletion.

The result of reduction or depletion.

A change in hydraulic head in a well or other body of water.

(economics) A measure of the decline from a historical peak in some variable, typically the cumulative profit or total open equity of a financial trading strategy.

(banking) The process of a bank releasing previously agreed loan amount to the borrower, hence making it available for them to use.

Anagrams

• downdraw, downward

Source: Wiktionary

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