drawdown definition

  • noun:
    • The work, process, or result of depleting: the drawdown of oil materials; a drawdown of business growth capital.
    • A lowering of water level in a reservoir or other human body of water.
    • The act of decrease or exhaustion.
    • the consequence of decrease or depletion.
    • A change in hydraulic head in a well or other human anatomy of water.
    • A measure associated with decline from a historical peak in certain variable, typically the cumulative profit or total available equity of a financial trading strategy.

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