drawdown

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drawdown

[′drȯ‚dau̇n]
(graphic arts)
In inkmaking, a procedure for obtaining a rough estimation of a color shade in which a small sample of ink is placed on a piece of paper and spread with a spatula to yield a thin film of ink.
(hydrology)
The magnitude of the change in water surface level in a well, reservoir, or natural body of water resulting from the withdrawal of water.
(petroleum engineering)
The difference between the static and the flowing bottom-hole pressure.

drawdown

The distance by which the groundwater level is lowered as a result of pumping.
References in periodicals archive ?
Despite last week's draw down, the gas in storage is still nearly 45 percent above the five-year average.
Economists at GUERNSEY, using their natural gas models, can predict the outcome of natural gas injection (amount of gas stored) and draw down (amount of gas used).
Further, recognizing that equity draw downs require the issuance of additional shares, we intend to do so only when necessary or when the funds can be utilized for what we believe to be value enhancing transactions.
Further, recognizing that equity draw downs does require the issuance of additional shares, we intend to do so only when necessary or when the funds can be utilized for what we believe to be value enhancing transactions.
The size of each draw down will be based on the dollar trading volume of the company's common stock for the 20 trading days preceding the draw down period.
The draw downs are subject to the satisfaction of a number of conditions, including effectiveness of a registration statement filed with the Securities and Exchange Commission covering the resale of the shares covered by the equity line and certain related warrants.
Milinx has retained law firms in Seattle and Vancouver to carry out the registration of the shares underlying the financing of each draw down.
Calypte will receive proceeds directly from the private investment fund through the equity line draw downs.
The shares that Paradigm may issue through draw downs will be registered under a registration statement that was filed with the Securities and Exchange Commission (SEC) on November 29, 2000.
Upon each draw down under the equity facility, Globus is required to issue warrants to Torneaux.
Centraxx may commence the draw downs once it has filed an S-1 registration statement with the Securities and Exchange Commission and it has been declared effective.
The advantage of this structured financing is that the funds are secured and available to us, and draw downs under the facility are totally at our discretion.