What Is a Drawdown? A drawdown is a peak-to-trough decline during a specific period for an investment, trading account, or fund. A drawdown is usually quoted as the percentage between the peak and the subsequent trough. If a trading account has $10,000 in it, and the funds drop to $9,000 before moving back above $10,000
What Is a Drawee? Drawee is a legal and banking term used to describe the party that has been directed by the depositor to pay a certain sum of money to the person presenting the check or draft. A typical example is if you are cashing a paycheck. The bank that cashes your check is
What Is a Drawing Account? A drawing account is an accounting record maintained to track money and other assets withdrawn from a business by its owners. A drawing account is used primarily for businesses that are taxed as sole proprietorships or partnerships. Owner withdrawals from businesses that are taxed as separate entities must be accounted
What Is a Dread Disease Rider? A dread disease rider, also called a critical illness rider, is an addition to a life insurance policy that provides the policyholder a percentage of the death benefit if they are diagnosed with a severe disease. The rider specifies which illnesses the policy will cover and the payout is used to offset
What Is Do It Right The First Time (DRIFT)? Do It Right The First Time (DRIFT) is a managerial accounting technique or practice that centers around decreasing waste and increasing efficiency in the production process. Do It Right The First Time is part of inventory management, whereby only the inventory materials that are needed are
What Is Drilling Mud? Drilling mud, also called drilling fluid, aids in the process of drilling a borehole into the earth. Such holes are drilled for oil and gas extraction, core sampling, and other purposes. Key Takeaways Drilling mud is used during the oil and gas extraction method and helps in the process of drilling a
What Is Drip Marketing? Drip marketing is a strategy employed by many direct marketers where a constant flow of marketing material is sent to customers over a period of time. Drip marketing endeavors to create sales through long-term repeated exposure to its recipients of the goods and services that are advertised. Drip marketing may entail
What Is Drip Pricing? Drip pricing is a pricing technique where only part of an item’s price is advertised, with the total amount revealed at the end of the buying process. Drip pricing may initially withhold mandatory fees, such as local hotel taxes, booking fees, or resort fees, or may not include add-ons that are
What Is a Driver? A driver is a factor that has a material effect on the activity of another entity. Drivers affect change in their targets and occur at many levels of the economy and stock market. Macro drivers cause changes at the overall market level. Micro drivers cause change at the company level. Key
