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Is “drawdown” a jargon? Do most people know it?

Is “drawdown” a jargon? Do most people know it?

Silver_Ad_1218
https://i.redd.it/uj509w9bp4be1.jpeg

5 comments

mts_fonseca
"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 measures the historical risk of different investments, compares fund performance, or monitors personal trading performance. It 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, then the trading account witnessed a 10% drawdown." - ( https://www.investopedia.com/terms/d/drawdown.asp )
JackRabbit-
This is technical language that wouldn't be very familiar to most people outside of a particular field. In this case, I believe it's referring to advanced payment sales reps receive so they have some amount of guaranteed income, but I could be wrong.
Consistent_Donut_902
I’m a native speaker, and I had to look it up. I don’t think it’s widely known, except by people who are knowledgeable about finance.
Separate_Draft4887
It’s jargon. I have no idea what it’s intended to mean here.
Splugarth
In sales, a “draw” is an advanced payment on commissions, usually while a person is getting up to speed in a new role. The statement in the picture has no meaning to me and I’ve been in sales for 15 years, so unless it’s a phrasing from a specific country, I would say that the screenwriters just didn’t do their homework.