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



RESET




Word of the Day

6 May 2024

LIBERTY

(noun) freedom of choice; “liberty of opinion”; “liberty of worship”; “liberty--perfect liberty--to think or feel or do just as one pleases”; “at liberty to choose whatever occupation one wishes”


Do you know this game?

Wordscapes

Wordscapes is a popular word game consistently in the top charts of both Google Play Store and Apple App Store. The Android version has more than 10 million installs. This guide will help you get more coins in less than two minutes of playing the game. Continue reading Wordscapes: Get More Coins