drawdowns

/D R AO1 D AW0 N Z/

noun

1
The act of reduction or depletion.
2
The result of reduction or depletion.
3
A change in hydraulic head in a well or other body of water.
4
A measure of the decline from a historical peak in some variable, typically the cumulative profit or total open equity of a financial trading strategy.
5
The process of a bank releasing previously agreed loan amount to the borrower, hence making it available for them to use.

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