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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Even if you are using a method that gives you a statistical edge, which almost nobody is, you must still suffer through agonizing drawdowns on your way to eventual success. The drawdowns also eliminate any risk that the facilities would not have been available as a result of an extended strike. Fund balance drawdowns in each of the last two fiscal years are attributable to non-recurring expenditures. |
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