drawdown

1 of 2

noun

draw·down ˈdrȯ-ˌdau̇n

: a lowering of a water level (as in a reservoir)

: the process of depleting

: reduction

draw down

2 of 2

verb

ˌdrȯ-ˈdau̇n

drew down; drawn down; drawing down; draws down

transitive verb

: to deplete by using or spending

Examples of drawdown in a Sentence

Verb I drew down my bank account just paying for tuition.

Recent Examples on the Web

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Noun

Analysts evaluate stock Several analysts recommended the stock despite the news, with some going so far as to call this drawdown a time to buy. —

Alex Harring, CNBC, 23 Oct. 2024 The stock has seen drawdowns of over 70% in a matter of a couple of months, like the sell-off that came between October 2021 and May 2022 when the company witnessed a post-Covid slowdown. —

Trefis Team, Forbes, 30 Oct. 2024

Verb

With spending outpacing income gains (including disposable income increases that were also up 0.3%), consumers drew down their savings more. —

Alicia Wallace, CNN, 31 Oct. 2024 Revenues are down, expenses are up and the city drew down nearly half of its general fund reserves — a pot of money for emergencies— to cover the deficit in last year’s budget, Mejia wrote. —

Dakota Smith, Los Angeles Times, 28 Sep. 2024 See all Example Sentences for drawdown