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.
Term Definition. Draw against commission is a salary plan based completely on an employeeâs earned commissions. An employee is advanced a set amount of money as a paycheck at the start of a pay period. At the end of the pay period or sales period, depending on the agreement, the draw is deducted from the employeeâs commission. Extended Definition.