drawdown


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draw·down

 (drô′doun′)
n.
1. The act, process, or result of reducing or 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.
3. A reduction of military personnel in a deployment.

drawdown

(ˈdrɔːˌdaʊn)
n
1. a depletion or reduction, for example of supplies
2. (Stock Exchange) a continuous decline in an investment or fund, usually expressed as a percentage between its highest and lowest levels
3. (Civil Engineering) the intentional draining of a body of water such as a lake or reservoir, to a given depth
4. (Environmental Science) the intentional draining of a body of water such as a lake or reservoir, to a given depth

draw•down

(ˈdrɔˌdaʊn)

n.
1. a lowering of water surface level, as in a well.
2. a reduction or depletion.
[1915–20]
Translations
References in periodicals archive ?
IT wasn't so long ago that taking pension savings via a drawdown plan was seen as the preserve of the wealthy.
These include the drawdown of FX reserves and government deposits from the banking sector alongside both domestic and international debt issuance.
positioned to respond to Brian Linn's recent review of Drawdown.
This volume contains 12 essays that examine the history of the American military establishment during periods of drawdown of forces following wars (from the perspective of the army) and the considerations of policy makers in determining how much capability and what types are required to keep the US safe while providing the capacity to expand the military when national security requires it.
PEOPLE who have chosen to access pension savings via flexible drawdown risk running out of money during retirement.
The first is that the Company has entered into a letter agreement (the "Amending Agreement") with its major shareholder, Crest Energy International, LLC ("Crest"), to further extend the date by which the Company must deliver to Crest the first drawdown notice (the "Drawdown Deadline") for both debt tranches.
I keep reading about income drawdown but it sounds too risky for me and I don't want the bother of making investment decisions in retirement.
During the acquisition drawdown between fiscal years 2008 and 2015, total obligation authority for Army modernization fell 74 percent in real terms, from $90 billion to $24 billion.
Some investors will be lucky enough to time a market drawdown well, but most will likely not.
AS announced by the Chancellor George Osborne last September, from April 6, 2015, individuals will have the freedom to pass on their unused defined contribution (DC) pension savings to any nominated beneficiary when they die, and the current 55% tax charge that applies to lump sums paid from drawdown funds (when death occurs both before and after age 75) and uncrystallised funds (when death occurs after age 75) will be abolished.
Income projections using a sustainable drawdown give people a realistic view of what their assets can provide in retirement.
Therefore, unless your pension provider has placed particular restrictions on your policy and refuses to give effect to the increase in the maximum drawdown rate (and I see no reason why they ought to do so), you are able to increase the amount of drawdown income you receive, up to 120% of the comparable single life annuity.