draw down

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Related to draw down: draw out

draw down

1. To physically pull or tug something down. Because I wasn't feeling well, I drew down the shades in my bedroom and took a nap in the middle of the afternoon.

2. To use up an available resource. I went out to chop more firewood since we've drawn down our supply this winter.

3. To point a gun at someone. Before I knew it, he drew down on me, so I put my hands up.

See also: down, draw

draw something down

to pull something down. She drew the shades down to cut off the bright sunlight. She drew down the shades.

See also: down, draw

draw down

Deplete by consuming or spending, as in The government worries about drawing down our oil reserves.

See also: down, draw

draw down

1. To pull something down, especially by extending it: Draw down the shades so I can get dressed. The stagehand drew the curtain down after the first act.

2. To deplete something by consuming or spending: The embargo drew down our food reserves. The increased costs drew our budget down.

See also: down, draw

References in periodicals archive ?

For the individual who is able to draw down at will and treat the pension fund as a wastingasset, these observations may beirrelevant.

Drawdown does have drawbacks

Azimuth may, during the period commencing on January 26, 2006 and ending 40 days thereafter (distribution period), distribute the common shares acquired from Crystallex pursuant to the draw down to purchasers through the facilities of the Toronto Stock Exchange (TSX purchasers).

Crystallex International Corporation: News Release

A pricing supplement setting out, among other things, the number of shares issued to Azimuth pursuant to the exercise of the draw down and the purchase price per share will be filed on SEDAR within two business days after the end of the draw down pricing period.

Crystallex International Corporation: Press Release

In addition to repayment of the draw down line of credit plus interest, CLX also holds a 49% non-dilutive position in eStrategy Solutions, which ensures ongoing cash distributions to CLX as eStrategy Solutions continues to perform and grow revenues.

CLX Investment Company Announces First Repayment from eStrategy Solutions Portfolio Investment

Although not required to draw down on the facility, if Poseidis chooses to do so and meets certain requirements, including effectiveness of the registration statement, then the SEDA requires Cornell to buy the stock at 96% of the lowest closing bid price of the Company's common stock as quoted on the Over-the-Counter Bulletin Board or other principal market on which the Company's common stock is traded for the five days immediately following the date the Company delivers a notice requiring Cornell to purchase the shares under the SEDA.

Poseidis Announces Execution of $8.0 Million in Equity Financing with Cornell Capital Partners, LP

The funding is a draw down from the $7,000,000 in funding the company secured earlier in the year.

Affordable Telecom Announces Funding of Asian Operations

Permatech will be able to draw down $600,000 in the first 30 days after closing, and up to $260,000 in each additional 90-day period as required.

ZTEST Announces Equipment Financing Facility

Such forward-looking statements include statements about IOMAI's ability to draw down the full amount of the award, to stimulate stronger immune responses, TCI's potential importance for national health and Biodefense applications, and the potential success in using TCI for protection against influenza.

IOMAI Receives $2.9 Million Grant from National Institutes of Health to Support Influenza Vaccination Using IOMAI's Skin Patch Technology

Once all of the program requirements have been met and individual savings goals have been reached, participants will be ready to draw down their savings and matching dollars.

Lutherans to Launch Individual Development Accounts for Low-Income Workers in Minneapolis

Hollinger will be able to draw down on these commitments if, and only if, the Common Share Approvals have been obtained on or prior to March 31, 2005.