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

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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 Teemer took advantage of Berge's absence to jump ahead of Bo Pipher 4-1 with a reversal on the edge of the mat in the first period and two takedowns in the third. Jeff Metcalfe, azcentral, "No. 10 ASU wrestling stuns No. 1 Penn State, ending 60-match dual win streak," 22 Nov. 2019 On Wednesday, Rudolph told the media in Pittsburgh that Garrett’s takedown on him with eight seconds remaining in the Browns’ 21-7 victory was a late hit, as their ensuing scuffle started the fight. Marla Ridenour, USA TODAY, "Browns defensive coordinator Steve Wilks objects to accusations of dirty play vs. Steelers," 21 Nov. 2019 Koslow did not know his meetings with two FBI agents posing as developers were being recorded until after a hotel room takedown that took place a year later. Susannah Bryan, sun-sentinel.com, "Star witness called ‘Rooster’ by FBI testifies against ex-mayor in corruption trial," 20 Nov. 2019 With Judon’s wait-and-see sack, the defense averaged about 6 seconds per takedown. Jonas Shaffer, baltimoresun.com, "Ravens film study: Texans QB Deshaun Watson never got going vs. an aggressive, organized pass rush," 20 Nov. 2019 The damage to public perception will be done well before the content is flagged and reviewed for takedown. Wired, "Opinion: California’s Anti-Deepfake Law Is Far Too Feeble," 5 Nov. 2019 The same can't be said for the takedown of the Norte Valle cartel. Breeanna Hare, CNN, "How the 'empress of money laundering' took down a Colombian cartel," 5 Oct. 2019 People sharing a Newsweek story of the takedown on Twitter immediately started spinning conspiracy theories. Hanna Kozlowska, Quartz, "A Ukrainian dad ran a giant, pro-Trump Facebook campaign with his 13-year-old kid," 25 Sep. 2019 Late in the first half in Thursday’s preseason game, Reed bounced off his man on the left edge and caught Seahawks quarterback Geno Smith for the takedown. Joe Nguyen, The Denver Post, "WATCH: Broncos’ Malik Reed sacks Seahawks QB Geno Smith," 8 Aug. 2019 Recent Examples on the Web: Adjective Bowden discovered that the only way to get her photos removed was to copyright them and then issue takedown notices to websites. Olivia Solon, NBC News, "Inside Facebook's efforts to stop revenge porn before it spreads," 18 Nov. 2019 If Twitter had ignored Warner's takedown request, Warner could have sued Twitter as well as Trump for copyright infringement. Timothy B. Lee, Ars Technica, "Twitter nixes Trump Nickelback meme after dubious takedown request," 3 Oct. 2019 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 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 Inven Global preserved the video clip, which has been widely taken down elsewhere. Hayden Dingman, PCWorld, "This week in games: Doom delayed until March, Call of Duty's 175GB install," 11 Oct. 2019 GuildWorks and Pickathon have established a memorial fund for the two men who were killed last week in a boom lift accident at Pendarvis Farm in Happy Valley while taking down an installation that was part of the Pickathon music festival. oregonlive.com, "Pickathon, GuildWorks establish memorial fund for arborists who died at music festival site," 13 Aug. 2019 The website and Facebook page for Access Life’s Adventures have been taken down. Author: Audrey Dutton, Anchorage Daily News, "They sold Alaska fishing trips ‘of a lifetime.’ Now Idaho is suing them.," 5 Aug. 2019 Collins, who is facing a reëlection race in 2020, called on Trump to take down his offensive tweets. John Cassidy, The New Yorker, "Trump’s Overt Racism Is Uniting Democrats and Unnerving Some Republicans," 15 July 2019 The couple had several walls taken down to open up the interiors and create larger rooms throughout, like the living space, which sits snugly between the dining area and kitchen, and where original beams were kept intact. Samantha Weiss Hills, Curbed, "Entrepreneur, and beekeeper, Claire Marin opens the door to her home near New York’s Catskill Mountains," 8 July 2019 Many videos with the name were taken down after The New York Times asked YouTube about them. Sheera Frenkel, New York Times, "Whistle-Blower’s Purported Name Keeps Evading Facebook and YouTube Defenses," 14 Nov. 2019 The post has since been taken down, but the designer has not responded to the backlash. Erica Gonzales, Harper's BAZAAR, "Stella McCartney Deletes Meghan Markle Instagram After Complaints," 11 Nov. 2019 Since informing officials from the city about the data breach links to the agendas has been taken down. Christopher Harress | Charress@al.com, al, "Mobile city website mistakenly publishes highly sensitive personal data," 7 Nov. 2019

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.

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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

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Time Traveler for takedown

Time Traveler

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

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Statistics for takedown

Last Updated

29 Nov 2019

Cite this Entry

“Takedown.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/takedown. Accessed 8 December 2019.

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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

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