draw down

Idioms  

1. Deplete by consuming or spending, as in The government worries about drawing down our oil reserves.

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Example Sentences

In 2009, while he was U.K. business secretary and during Britain’s financial crisis, Mandelson forwarded a confidential government email to Epstein from an aide to then Prime Minister Gordon Brown advising the government to draw down debt by selling some 20 billion pounds of assets, equivalent to about $27 billion if converted today.

From The Wall Street Journal

The course correction allowed Mr. Homan to draw down agents and end the standoff.

From The Wall Street Journal

“In those critical first five years of retirement, it’s important not to draw down assets too quickly or there will not be enough left to grow the rest of your years.”

From MarketWatch

Homan took control of the operation at the end of January, and had said he would draw down agents depending on how much state and local officials cooperated with federal ones.

From BBC

“Effective immediately, we will draw down 700 people,” Homan said Wednesday, adding that the remaining officers will stay to carry out immigration enforcement in the state.

From The Wall Street Journal