Drawdown

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Revision as of 09:37, 9 January 2019 by 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.


See also