1. drawdown (on something) the act of reducing a supply of something that has been created over a period of time; the amount used
   • ● The cold winter has led to a larger-than-expected drawdown on oil stocks.
   • ● the annual summer drawdown on the reservoirs
   • ● After the Cold War there was a drawdown of military forces.
2. drawdown (on something) (finance) the act of using money that is available to you; the amount used
   • ● a drawdown of cash from the company’s reserves
   • ● The first drawdown on the loan will be at the end of next month.
   • ● The interest rate is fixed at drawdown.

[TahlilGaran] English Dictionary ▲