The phrase "drawdown against" is correct and usable in written English.
It is typically used in financial contexts to refer to the reduction of funds or resources from a specific source or account.
Example: "The company initiated a drawdown against its credit line to cover unexpected expenses."
Alternatives: "withdrawal from" or "reduction of".
Though he spoke in favor of a drawdown, he voted against the withdrawal of troops.
"Legal & General is well-placed to continue to develop a product suite that includes good-value drawdown and protection against longevity risk as well as provision of investment income," it said.
Because a leveraged position can lose money just as quickly as it can make money, a trader should have enough funds to act as a cushion against any drawdown or adverse moves without the risk of being automatically liquidated and losing the bulk of his or her trading capital.
The U.S. Energy Information Administration said domestic crude stockpiles rose 1.7 million barrels, against analysts' forecasts for a drawdown of 2.3 million barrels.
He has apparently decided against anything like a quick drawdown, but he wants a map that plots an eventual way out, not just an abundance of ways further in.
In Connecticut, for example, Joseph I. Lieberman -- who was one of only six Senate Democrats to vote against a June resolution calling for a troop drawdown to start this year -- is battling an antiwar challenger who is trying to deny him the party's nomination for a fourth term.
U.S. military officials in Afghanistan have pushed to stay as aggressive as possible against the Taliban and have urged a smaller troop drawdown in the short term.
"After a decade of war," Mr. Obama declared, "we're turning the page and moving forward with strength and confidence.The drawdown in Iraq allowed us to focus on Afghanistan and achieve major victories against Al Qaeda and Osama bin Laden.
U.S. President Barack Obama's drawdown strategy has attracted criticism, including from Republicans in Congress, who say gains against the Taliban could be lost in much the same way that violence returned to Iraq after the U.S. withdrawal.
President Obama has backed his "surge" strategy, against the wishes of vice-President Joe Biden, but has also stipulated that drawdown of US forces should start from July 2011.
