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drawdown - 4 dictionary results

draw⋅down

[draw-doun]
–noun
1. a lowering of water surface level, as in a well.
2. a reduction or depletion: a drawdown of weapons in an arms-limitation plan.

Origin:
1780–90, for literal sense; draw + down 1
draw·down   (drô'doun')   
n.  
  1. The act, process, or result of depleting: the drawdown of oil supplies; a drawdown of investment capital.
  2. A lowering of the water level in a reservoir or other body of water.

Drawdown

The peak to trough decline during a specific record period of an investment or fund. It is usually quoted as the percentage between the peak to the trough.

Investopedia Commentary

Basically a drawdown is from the time a retrenchment begins to when a new high is reached (because you won't know the valley until the new high is reached).

See also: Calmar Ratio, Sterling Ratio

drawdown   (drô'doun')  Pronunciation Key 
  1. A lowering of the water level in a reservoir or other body of water, especially as the result of withdrawal.
  2. The difference in elevation between the level of water in a well and the level of groundwater in the area in which the well is located.

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