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Drawdown
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| - | When a company receives borrowed funds from a financial institution or a country receives funds from an international lender such as the International Monetary Fund ([[IMF]]) there is said to be a drawdown of funds. Drawdown is also used to describe a decline in stocks of [[Crude Oil|crude oil]] or [[Oil Products|oil products]]. | + | When a company receives borrowed funds from a financial institution or a country receives funds from an international lender such as the International Monetary Fund ([[IMF]]) there is said to be a drawdown of funds. |
Current revision
When a company receives borrowed funds from a financial institution or a country receives funds from an international lender such as the International Monetary Fund (IMF) there is said to be a drawdown of funds.