- 1the act of reducing a supply of something that has been created over a period of time; the amount used The cold winter has led to a larger-than-expected drawdown on oil stocks. the annual summer drawdown on the reservoirs After the Cold War there was a drawdown of military forces.
- 2(finance) the act of using money that is available to you; the amount used a drawdown of cash from the company's reserves The first drawdown on the loan will be at the end of next month. The interest rate is fixed at drawdown.
NAmE//ˈdrɔdaʊn//[countable, uncountable]drawdown (on something)