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Glossary Term: TAKEDOWN

Definition(s) for TAKEDOWN:

1. ) a term used to describe a schedule of the transfer of capital in phases in order to complete a commitment of funds. It is the discount from the list price allowed to a member of an underwriting account on any bonds purchased from the account. Typically, a takedown is used by a general partner of a private equity fund to plan the transfer of capital from the limited partners.


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