Drawdown: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Add second definition.) |
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1. | |||
To use part or all of a borrowing facility. | |||
2. | |||
The amount of cash or credit taken, when a borrowing facility is used, in part or in whole. | |||
Drawdowns may refer to the incremental amounts drawn down, or to the cumulative amount. | |||
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* [[Payable through draft ]] | * [[Payable through draft ]] | ||
* [[Trade acceptance]] | * [[Trade acceptance]] | ||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] |
Revision as of 09:37, 9 January 2019
1.
To use part or all of a borrowing facility.
2.
The amount of cash or credit taken, when a borrowing facility is used, in part or in whole.
Drawdowns may refer to the incremental amounts drawn down, or to the cumulative amount.