drawdown

noun7

1. •
   The act of reduction or depletion (including through withdrawal or utilization).

   • The government initiated a drawdown of forces in the border region.
2. •
   (US) The withdrawal of weapons, ammunition and other supplies from US stocks, and provision of it to another nation.

   • The presidential drawdown authority, a US foreign policy tool, allows for the speedy delivery of DoD stocks to foreign countries in crisis. — 2023
3. •
   A lowering in water level, as in a well or a reservoir.

   • From June to October 1992, an intensive reconnaissance survey of cultural resources exposed by a drawdown in lake elevation was conducted by the U.S. Army Corps of Engineers — 1995
4. •
   The result of reduction, utilization, or depletion.
5. •
   (A measure of) the decline from a historical peak in some economic or financial variable.
6. •
   The process of a bank releasing previously agreed loan amount to the borrower, hence making it available for them to use.
7. •
   The borrowing of funds from a financial institution, under the terms of a credit agreement.

   • The final lap in the drawdown of an approved loan or credit facility is the issue of an official instruction by the borrower to the lending bank. — 2016