Meaning ofdrawdownin English

Noun

1. reduction through use or removal; depletion
   The company faced a significant drawdown of its cash reserves.
2. lowering of water level (in wells, reservoirs)
   The water table experienced a drawdown due to excessive pumping.
3. decline from a peak (economic variable)
   The economy suffered a drawdown after reaching a record high.
4. release of loan funds for use
   The bank approved the loan and initiated a drawdown of the funds.
5. borrowing funds from an institution (under a credit agreement)
   The business will use the drawdown to finance its expansion plans.