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

20 January 2025

CHELICERA

(noun) either of the first pair of fang-like appendages near the mouth of an arachnid; often modified for grasping and piercing


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Coffee Trivia

Decaffeinated coffee is not caffeine-free. Studies from the National Institute of Health (US) have shown that virtually all decaf coffee types contain caffeine. A 236-ml (8-oz) cup of decaf coffee contains up to 7 mg of caffeine, whereas a regular cup provided 70-140 mg.

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