takedown

noun
take·​down | \ ˈtāk-ˌdau̇n How to pronounce takedown (audio) \

Definition of takedown

 (Entry 1 of 3)

1 : the action or an act of taking down
2 : something (such as a rifle) having takedown construction

takedown

adjective
take·​down | \ ˈtāk-ˈdau̇n How to pronounce takedown (audio) \

Definition of takedown (Entry 2 of 3)

: constructed so as to be readily taken apart a takedown rifle

take down

verb
took down; taken down; taking down; takes down

Definition of take down (Entry 3 of 3)

transitive verb

1 : to lower without removing took down his pants
2a : to pull to pieces take down a building
b : disassemble take a rifle down
3 : to lower the spirit or vanity of
4a : to write down took down some notes
b : to record by mechanical means

intransitive verb

: to become seized or attacked especially by illness

Keep scrolling for more

Examples of takedown in a Sentence

Verb

there's no need to take us down by making fun of our clothes electricians will take down all the lights for the set after the play has finished its run

Recent Examples on the Web: Noun

Perhaps the brown and green-eyed kills had already happened and the blue-eyed takedown was the final piece of the puzzle. Erica Gonzales, Harper's BAZAAR, "Who Has Green Eyes on Game of Thrones?," 29 Apr. 2019 While the accounts and pages associated with the latest takedown were created as early as 2016, most of their activity occurred over the past year. Sean Gallagher, Ars Technica, "Facebook yanks content tied to Iranian effort due to “inauthentic behavior”," 26 Oct. 2018 The takedowns come on the heels of banning of r/MillionDollarExtreme earlier this week, the community belonging to alt-right comedy troupe of the same name led by Sam Hyde, Nick Rochefort, and Charls Carroll. Bijan Stephen, The Verge, "Reddit’s QAnon ban points to how it’s tracking toxic communities," 12 Sep. 2018 Social media has intensified the speed and scope of the takedowns. John Jurgensen, WSJ, "In Charged Political Climate, Best Picture Oscar is About More than the Movie," 21 Feb. 2019 Often, creators will issue a takedown notice against an infringing copy of their work only to find another copy has been uploaded a few hours or days later. Timothy B. Lee, Ars Technica, "An EU copyright bill could force YouTube-style filtering across the Web," 11 Sep. 2018 Trump's rhetoric regarding tariffs has become increasingly more barbed in recent days — see his confident interview with Fox News's Maria Bartiromo on Sunday and his Twitter takedown last week of Harley Davidson. Rachel Van Dongen, Washington Post, "The Daily 202: Trump's trade war is getting very real," 3 July 2018 Lamas uses a few kicks and then shoots in for another takedown attempt. Todd Martin, latimes.com, "Ricardo Lamas vs. Mirsad Bektic live round-by-round coverage," 10 June 2018 Yahya dominated throughout, getting an early takedown in each round and working for submissions until one finally came. Jay Reddick, OrlandoSentinel.com, "UFC Fight Night: Live results from Amway Center," 24 Feb. 2018

Recent Examples on the Web: Adjective

The Wayback Machine generally adheres to the standards of the Oakland Archive Policy, a template for the use of librarians and archivists in evaluating takedown requests developed at UC Berkeley and first published in 2002. Maria Bustillos, Longreads, "The Internet Isn’t Forever," 20 Feb. 2018 Volkanovski gets a takedown 30 seconds in and goes right back to work. Todd Martin, latimes.com, "Alexander Volkanovski vs. Jeremy Kennedy live round-by-round coverage," 11 Feb. 2018 The five publishers will be sending takedown notices, according to the group. Dalmeet Singh Chawla, Science | AAAS, "Publishers take ResearchGate to court, alleging massive copyright infringement," 6 Oct. 2017

Recent Examples on the Web: Verb

A year ago, Virginia became the first No. 1 seed to lose to a No. 16 when UMBC took down the Cavaliers in the first round. John Marshall, The Seattle Times, "Virginia, Texas Tech give Final Four certain new look," 31 Mar. 2019 Secondly, there were seven people in a room sometime after the election that were trying to wire the president and taken down basically, take the law in their own hands. Fox News, "Sen. Graham: Allegations against Kavanaugh are collapsing," 24 Sep. 2018 Public records and social media reports show Tad-Michael Norman married in 2016, and a Facebook page – since taken down – contained a number of photographs of Norman with a smiling young woman and a corgi. Sara Jean Green, The Seattle Times, "Seattle man charged in Lake City shootings says he was drunk, doesn’t recall rampage, police say," 31 Mar. 2019 The sneak peek above also shows Jamie, Claire, and Ian on their journey to rescue Roger from the Mohawk people as well as a plan to take down Stephen Bonnet. Caroline Hallemann, Town & Country, "Outlander Sneak Peek: A Much-Beloved Character Makes a Return to the Series," 10 Jan. 2019 Lake Erie is a graveyard for hundreds of vessels taken down by violent storms that can whip up in a hurry. Fox News, "Mysterious shipwreck reveals its secrets: Wreck may be Lake Erie’s oldest," 15 Oct. 2018 Two jumbo plaits taken down is a universally flattering hairstyle that's easy to do. Shammara Lawrence, Allure, "Lace Frontier: A Beginner's Guide to the World of Wigs," 10 Sep. 2018 Taser rounds would give grunts the ability to take down individuals who present less than a lethal threat and avoid nasty diplomatic fallout from lethal shootings. Kyle Mizokami, Popular Mechanics, "The Marines Want Non-Lethal Taser Rounds to Stun Angry Crowds," 6 Sep. 2018 Less than an hour before hitting the stage, the ladies appear more than used to the chaos of lights being taken down and cameras shuffling through press junket–style interviews backstage at the Staples Center. Jeff Benjamin, Teen Vogue, "TWICE Reflect on How Their K-Pop Brand Connects Around the World at KCON 2018 Los Angeles," 17 Aug. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'takedown.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of takedown

Noun

1858, in the meaning defined at sense 1

Adjective

1893, in the meaning defined above

Verb

14th century, in the meaning defined at sense 2a

Keep scrolling for more

Learn More about takedown

Statistics for takedown

Last Updated

17 May 2019

Look-up Popularity

Time Traveler for takedown

The first known use of takedown was in the 14th century

See more words from the same century

Keep scrolling for more

More Definitions for takedown

takedown

noun

Financial Definition of takedown

What It Is

The takedown is the price that an underwriter pays for a new issue.

How It Works

When a company decides it wants to issue stock, bonds or other publicly traded securities, it hires an underwriter to manage what is a long and sometimes complicated process.

To begin the offering process, the underwriter and the issuer first determine the kind of offering the issuer needs. Let's say Company XYZ wants to sell shares via an initial public offering (IPO). After determining the offering structure, the underwriter usually assembles what is called a syndicate to get help managing the minutiae (and risk) of particularly large offerings. A syndicate is a group of other investment banks and brokerage firms that commit to sell a certain percentage of the offering (this is called a guaranteed offering because the underwriters agree to pay the issuer for 100% of the shares, even if they can’t sell them all).

After the syndicate is assembled, the issuer files an SEC Form S-1, which is also called a prospectus and discloses all material information about the issuer. Prospectus in hand, the underwriter then sets to selling the securities. Because there may not be a firm offering price at the time, purchasers usually subscribe for a certain number of shares. This process lets the underwriter gauge the demand for the offering.

Once the issuer and the underwriter agree on how to price the securities and the SEC has made the registration statement effective, the underwriter calls the subscribers to confirm their orders. If the demand is particularly high, the underwriter and issuer might raise the price and reconfirm this with all the subscribers.

Once the underwriter is sure it will sell all of the shares in the offering, it closes the offering. Then it purchases all the shares from the company (if the offering is a guaranteed offering). This purchase price is called the takedown. The issuer receives the proceeds minus the underwriting fees.

The underwriters then sell the shares to the subscribers at the offering price.

Why It Matters

The takedown price is like a wholesale price. It is important to note that although the underwriter influences the initial market price of the securities, once the subscribers begin selling, the free-market forces of supply and demand dictate the price.

Underwriters grease the skids for bringing securities to market. For example, if XYZ Company shares had a public offering price of $10 per share, XYZ Company might only receive $9 per share if the takedown is $9 per share. The $1 spread compensates the underwriter and syndicate for three things: negotiating and managing the offering; assuming the risk of buying the securities if nobody else will; and managing the sale of the shares. Making a market in the securities also generates commission revenue for underwriters.

As we mentioned earlier, underwriters take on considerable risk. Not only must they advise a client about matters large and small throughout the process, they relieve the issuer of the risk of trying to sell all the shares at the offer price. Underwriters often mitigate this risk by forming a syndicate whose members each share a portion of the shares in return for a portion of the fee.

Underwriters work hard to determine the "right" price for an offering, but sometimes they "leave money on the table." For example, if XYZ Company prices its 10-million-share IPO at $10 per share but the shares trade at $30 two days after the IPO, the underwriter probably underestimated the demand for the issue. As a result, XYZ Company received $150 million (less underwriting fees) when it could have possibly fetched $300 million.

Source: Investing Answers

Comments on takedown

What made you want to look up takedown? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

one that collects or salvages junk

Get Word of the Day daily email!

Test Your Vocabulary

Time Traveler Quiz: Which Word Came First?

  • time traveler quiz which word came first
  • Which came first?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!