What is the meaning of Drawdown?

The act of reduction or depletion (including through withdrawal or utilization).

The withdrawal of weapons, ammunition and other supplies from US stocks, and provision of it to another nation.

A lowering in water level, as in a well or a reservoir.

The result of reduction, utilization, or depletion. (Can we add an example for this sense?)

(A measure of) the decline from a historical peak in some economic or financial variable.

The process of a bank releasing previously agreed loan amount to the borrower, hence making it available for them to use.

The borrowing of funds from a financial institution, under the terms of a credit agreement.

Source: wiktionary.org