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draw down

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phrasal verb [transitive] business
Word Forms
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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.

See also main entry: draw

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