draw sth down Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “draw sth down” in the English Dictionary

"draw sth down" in British English

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draw sth down

phrasal verb with draw uk   /drɔː/  us   /drɑː/ verb (drew, drawn)
to take an ​amount of ​money that has been made ​available: We took out a ​bankloan which ​allowed us to ​draw down ​sums of ​money as we ​needed them. to use ​part of a ​supply of ​goods; to ​reduce the ​number or ​amount of something: The ​stocks of ​ammunition were ​drawn down to ​almost zero. The ​president is ​discussing how ​quickly we should ​draw down ​ourtroops in the ​area.
(Definition of draw sth down from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"draw sth down" in Business English

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draw sth down

phrasal verb with draw uk   us   /drɔː/ verb [T] (drew, drawn)
(US also draw down on sth) FINANCE to take ​part of an ​amount of ​money that has been made ​available: We took out a ​bankloan which ​allowed us to ​draw down ​sums of ​money as we needed them. Some of the ​money would come from ​federalmoney that the ​state is ​entitled to but has not ​drawn down. Fund ​managersdrew down on ​cashreserves and ​bet that the ​bullmarket would continue through the summer.
( US also draw down) to ​reduce a ​supply of ​goods, or to be ​reduced: Consumers continue to ​draw down ​inventories of aluminum, copper, and other metals at London Metal Exchange ​warehouses. During the next 100 ​years, US coal ​reserves will ​draw down significantly.
(Definition of draw sth down from the Cambridge Business English Dictionary © Cambridge University Press)
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“draw sth down” in Business English

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