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.
Part of the Business terms glossary: A contingency plan is a course of action designed to help an organization respond effectively to a significant future event or situation that may or may not happen.A contingency plan is sometimes referred to as Plan B, because it can be also used as an alternative for action if expected results fail to materialize. contingency plan is a course of action designed to help an organization respond effectively to a significant future event or situation that may or may not happen.