Definition of draw down phrasal verb from the Oxford Advanced Learner's Dictionary

 

draw down

 phrasal verb
phrasal verb
 
jump to other results
Phrasal Verbs

draw somethingdown

|

draw down

 
jump to other results
(especially North American English) to reduce a supply of something that has been created over a period of time; to be reduced There are many life events that can unexpectedly draw down savings. If we don't cut costs our reserves will draw down. Our state reservoirs were drawn down this summer. related noun drawdown

draw somethingdown (from something)

|

draw down on something

(especially North American English)(usually British English draw)
 
jump to other results
(finance) to take money from a fund that a bank, etc. has made available The company has already drawn down €600 million of its €725 million credit line. They can draw down on the loan at any time. related noun drawdown
See the Oxford Advanced American Dictionary entry: draw down