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From Longman Business Dictionary
Related topics: Finance, Economics, Factories
drawdowndraw‧down /ˈdrɔːdaʊnˈdrɒː-/ (also draw-down) noun1[countable, uncountable]ECONOMICSMANUFACTURING when a stock or supply of something is usedStrong 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 savedan income drawdown plan that allows you to keep your fund invested while drawing a regular income3[countable]FINANCE a reduction in the value of an investmentEven if an investor says he is prepared for a 30% drawdown, he always finds it a worse experience then he imagined when it happens.
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