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Drawdown
DrawdownThe state in which the borrower obtains some of the project financing, usually progressively according to construction expenditures plus IDC. RELATED TERMS-------------------------------------- Project The asset constructed with or owned via a project financing, which is expected to produce cash flow at a debt-service coverage ratio sufficient to repay the project financing. Plus Used to quote a price in 64ths. Dealers in government bonds normally give price quotes in 32nds. SIMILAR TERMS-------------------------------------- Draw a call In the context of general equities, provoking a customer indication-inquiry-order by calling them up or doing large amount of the volume in a stock. Drawback A tax or duty rebate on imported goods that are exported at a later date. Drawee The party who is directed to pay as specified in a draft. Drawer The party initiating a draft. PREVIOUS AND NEXT TERMS-------------------------------------- Downtick A trade in a particular stock at a price lower than the trade immediately preceding it. In U.S., one cannot sell a stock short on a downtick. Downturn The transition point between a rising, expanding economy to a falling, contracting one. Draft An unconventional order in writing-signed by a person, usually the exporter, and addressed to the importer, ordering to pay the amount specified on the face of the draft. Draw a call In the context of general equities, provoking a customer indication-inquiry-order by calling them up or doing large amount of the volume in a stock. Drawback A tax or duty rebate on imported goods that are exported at a later date. Drawdown Drawee The party who is directed to pay as specified in a draft. Drawer The party initiating a draft. Dressing up a portfolio Money managers' strategy to make transactions for the sole purpose of making a portfolio look good to the investor near the end of a reporting period. Drip feed The continual investment of capital in a small and growing company as the company needs it. Drive by VC A type of venture capitalist. In the usual model, the venture capitalist (VC) is involved in management and monitoring of the startup. We thank you for using the Financial Dictionary to search for Drawdown. If you have a better definition for Drawdown than the one presented here, please let us know by making use of the suggest a term option. This definition of Drawdown may be disputed by other professionals. Our attempt is to provide easy definitions on Drawdown and any other medical topic for the public at large.
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