BusinessAugust 29, 2026
drawdowns
DRAW-downz
Definition
Periods where the value of an investment or an asset experiences a decline from a previous peak.
Etymology
Derived from the phrasal verb 'draw down,' which dates back to Middle English, combining 'draw' (to pull) and 'down' (to a lower level or state), originally used in military and financial contexts to describe withdrawing or depleting resources.
In the news
The article mentions that CVS's historical drawdowns often eventually recover, using the term to describe past drops in stock price that investors might see as buying opportunities.
Nissay Asset Management Corp Japan Boosts Stake in CVS Health Corporation $CVS
Read the full article ↗MarketBeat