from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A strong downward current of air.
- n. A downward trend; downturn: The business hit a downdraft.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. a strong, downward air current; an air pocket or air hole
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a strong downward air current
Sorry, no etymologies found.
The rising cost of mortgage financing for Detroit borrowers with weak credit has added to the downdraft from a slumping local economy to send home values plunging faster than many investors anticipated a few months ago.
EisnerAmper, but he wasn't concerned about a shorterm downdraft interrupting the upward trajectory for stocks.
The downdraft from the German V-Stol aircraft was suddenly gone, Rourke shouting now over the keening of the wind, "We have to get moving!
Dolliver says he's riding out the stock's downdraft, which is already discounting the impact of a possible acquisition.
Fed purchase extension: Some of the downdraft is a result of the Federal Reserve's recent decision to extend by three months its program of buying up debt and mortgage-backed securities from Fannie Mae and Freddie Mac.
The downdraft is a combination of minimal dealmaking and writedowns of the portfolio.
A downgrade of tobacco bonds, held by muni-bond mutual funds, helped spark the muni-market downdraft last year.
He said small-capitalization stocks were positive for much of the session in a sign that the major indexes' downdraft was contained.
These tests, designed to see how the 91 biggest banks 'balance sheets would fare in another economic downdraft, were met with skepticism about their stringency but nevertheless allowed some of the tension surrounding the euro to dissipate.
And broadly, these trading firms were aggressive sellers during the downdraft.