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draw down

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phrasal verb [transitive] business
Word Forms
present tense
I/you/we/theydraw down
he/she/itdraws down
present participledrawing down
past tensedrew down
past participledrawn down
  1. to reduce an amount of money by using it

    Some firms have dealt with the problem by drawing down their cash reserves.

    Synonyms and related words for this sense of draw down
See also main entry: draw

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