单词 | drawdown |
释义 | drawdown drawdown // noun [C,U]
1 the act of reducing a supply of sth 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. a drawdown of 2 million barrels a day
2 (Finance ) the act of using money that is available to you; the amount used : a drawdown of cash from the company's reserves The interest rate is fixed at drawdown. The loan facility will operate for a period of five year from the date of the first drawdown. |
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