takedown

noun
take·​down | \ ˈtāk-ˌdau̇n \

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 \

Definition of takedown (Entry 2 of 3)

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

take down

verb

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

Law enforcement conducted coordinated raids across Europe to take out the networks, followed by successive takedowns of the fake websites. Suzanne Vranica, WSJ, "U.S. Charges Eight With Online-Ad Fraud," 27 Nov. 2018 Bennett had a 6-4 lead late in regulation, but Gauthier scored a takedown just before the third-period buzzer to force overtime. Phil Anastasia, Philly.com, "Delsea's Nick Bennett makes surprise appearance in state wrestling finals," 3 Mar. 2018 Ford-Melton conceded an escape point to Molton at the start of the third overtime period, and Molton got a takedown to ensure victory. Steve Millar, Daily Southtown, "Working overtime: Lockport's Anthony Molton, Brother Rice's Hassan Johnson win state titles," 19 Feb. 2018 In overtime, Palm got a quick takedown for the victory. Steve Millar, Lake County News-Sun, "Carmel's Riley Palm 'ecstatic' after reaching Class 2A state final at 138 pounds," 16 Feb. 2018 The results are scattershot, and less cinematically satisfying than Mr. Smith’s elegantly constructed takedown. John Anderson, WSJ, "‘Fyre’ and ‘Fyre Fraud’ Reviews: VIP—Very Impractical Party," 17 Jan. 2019 Millender lands a big knee to the body and straight punch late, then scores a takedown in the final seconds. Todd Martin, latimes.com, "Max Griffin vs. Curtis Millender live round-by-round coverage," 7 July 2018 Jeff Sessions called it the largest takedown of health-care fraud to date in the United States. James Hohmann, Washington Post, "The Daily 202: Abortion is already emerging as a top issue in the midterms with Supreme Court vacancy," 29 June 2018 In the title match, Taylor trailed Merrillville sophomore Jacob Maldonado 4-2 late in the third period before earning an escape and a takedown in the final minute for a 5-4 win. Dave Melton, Post-Tribune, "Rigorous practice turns David Taylor into wrestling Goliath for Michigan City," 17 Jan. 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

Since live musical acts were only onstage for one song this year, and there are video interludes give the crew time to help set and take down the stage. Alex Abad-santos, Vox, "The Victoria’s Secret Fashion Show sells a fantasy of empowerment. I sorta believed it.," 3 Dec. 2018 The video went viral but was eventually taken down. Edmund Demarche, Fox News, "Teen suffers broken ribs, lung injury after being shoved off 60-foot bridge in Washington state: report," 2 Oct. 2018 Privacy - Terms But the flag was taken down Wednesday hours after Colyer and Kansas Secretary of State Kris Kobach called for its removal. Katy Bergen, kansascity, "KU flag removal ‘smacks of censorship’: ACLU, free speech advocates defend art piece," 12 July 2018 The video, popular on YouTube but recently taken down, shows his verbal assault continuing for two minutes. Bruce Selcraig, San Antonio Express-News, "Courting arrest for online clicks and the First Amendment," 9 July 2018 Thorson caught Larkin’s pass and was taken down by linebacker Jordan Jones at the 5. Teddy Greenstein, chicagotribune.com, "First words: Northwestern QB Clayton Thorson talks ACL prognosis, marriage and why he ‘can’t skip steps’," 2 July 2018 If there’s an afterlife, Harlan is already kicking ass and taking down names.’’ Several of Mr. Ellison’s works were translated into dozens of languages. Richard Sandomir, BostonGlobe.com, "Harlan Ellison, pugnacious and prolific science fiction writer, dies at 84," 30 June 2018 The Californios began retreating from San Diego and a sister of Smith’s future wife took down the Mexican flag in Old Town to preserve it. Pauline Repard, sandiegouniontribune.com, "Richard Smith joins 172-year family history of Old Town flag-waving," 23 June 2018 The students recorded the interview with their family members and listened to it in class, took down notes and wrote an actual biography. Sergio Carmona, Jewish Journal, "Jewish day school students showcase their families through living museums," 6 June 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

8 Feb 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

marked by fawning attentiveness

Get Word of the Day daily email!

Test Your Vocabulary

What did you just call me?! A Quiz

  • rows-of-various-emoji
  • If a member of the audience describes your speech as bombastic, does that person mean it is:
Name That Thing

Test your visual vocabulary with our 10-question challenge!

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!