The University of South Carolina (also referred to as USC, SC, South Carolina, or simply Carolina) is a public, co-educational research university located in Columbia, South Carolina, United States, with seven satellite campuses.
What is a 'Drawdown' A drawdown is the peak-to-trough decline during a specific recorded period of an investment, fund or commodity. A drawdown is usually quoted as the percentage between the peak and the subsequent trough. Those tracking the entity measure from the time a retrenchment begins to when it reaches a new high. BREAKING DOWN 'Drawdown' This drawdown method of recording is useful because a valley can't be measured until a new high occurs.
A draw is a predetermined amount of money that an employer advances to a salesperson against future commissions generated from sales. The idea of a draw is for the salesperson to earn his keep by at least equaling the draw amount for a given time period. For example, if the draw amount is $2,000 for a 30-day period, the salesperson should generate enough sales to result in $2,000 in commissions during that time. The salesperson gets to keep any commissions in excess of $2,000. If he fails to reach that figure, the deficiency is carried over to the next month.