drawdown

noun drawdowns

1. countable, uncountable The act of reduction or depletion (including through withdrawal or utilization). The government initiated a drawdown of forces in the border region.
2. US, countable, uncountable, in particular The withdrawal of weapons, ammunition and other supplies from US stocks, and provision of it to another nation. The presidential drawdown authority, a US foreign policy tool, allows for the speedy delivery of DoD stocks to foreign countries in crisis.
3. countable, uncountable A lowering in water level, as in a well or a reservoir. From June to October 1992, an intensive reconnaissance survey of cultural resources exposed by a drawdown in lake elevation was conducted by the U.S. Army Corps of Engineers
4. countable, uncountable The result of reduction, utilization, or depletion.
5. countable, uncountable (A measure of) the decline from a historical peak in some economic or financial variable.
6. countable, uncountable The process of a bank releasing previously agreed loan amount to the borrower, hence making it available for them to use.
7. countable, uncountable The borrowing of funds from a financial institution, under the terms of a credit agreement. The final lap in the drawdown of an approved loan or credit facility is the issue of an official instruction by the borrower to the lending bank.