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 The Journal’s account was, by any measure, a full takedown. Peter Osnos, The New Yorker, "Editing Donald Trump," 3 Nov. 2019 On Sunday, the No. 3 pick in 2017 who is now a reserve had a takedown of Rams quarterback Jared Goff that showcased his quickness and evoked memories of his All-American college days. Eric Branch, SFChronicle.com, "Solomon Thomas, 49ers’ teammates, enthused about ‘real sack’," 17 Oct. 2019 According to the YouTube channel Maker’s Muse, Sarah Pohorecky, who also competed in the last season of BattleBots, got a similar takedown from YouTube. Jay Peters, The Verge, "YouTube bans robot fighting videos for animal cruelty roughly 10 years too soon," 21 Aug. 2019 Trailing 7-5 with 22 seconds left, Tavarez scored a takedown to tie and then pinned Barger for the win. Brant Parsons, OrlandoSentinel.com, "Regions: Shockers, forfeits and big time wins," 24 Feb. 2018 And kids today could use a good, old-fashioned Julia Sugarbaker takedown. Kelly Lawler, USA TODAY, "The 5 best episodes of 'Designing Women,' in honor of its arrival on Hulu," 26 Aug. 2019 Gerry Walsh Redondo Beach :: Mary McNamara sees, and derides, all the touches in the film that reveal Tarantino’s clever, satirical, even nasty takedown of Tinseltown nostalgia. Los Angeles Times, "Calendar Feedback: Seeing ‘Once Upon a Time ... in Hollywood’ in all the wrong ways," 9 Aug. 2019 For Twitch streamers, a copyright claim means a stream takedown, which in turn means a suspension and then a channel strike. Bijan Stephen, The Verge, "Twitch handed out 24-hour suspensions after last night’s Democratic debates," 1 Aug. 2019 The May takedown of the GozNym crime group, for example, involved a coordinated operation of six different countries. Will Carter For Cnn Business Perspectives, CNN, "Companies get off too easy with data breaches. Bigger fines are a good place to start," 31 July 2019 Recent Examples on the Web: Adjective 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 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 Its 911 call center was taken down by a flood of fake internet traffic. NBC News, "How a fake town and real hackers battle test officials for Election Day 2020," 6 Nov. 2019 The Argentine midfielder was taken down in the area by Michael Bradley, resulting in a penalty kick that sent United star Josef Martinez to the spot. BostonGlobe.com, "DeLeon won it with a brilliant shot from 25 yards out. Surrounded by Atlanta defenders, he found just enough room to unleash a rightfooted blast from 25 yards that beat goalkeeper Brad Guzan in the top left corner.," 31 Oct. 2019 In spite of Backgrid’s efforts, the photo at issue in the litigation has not been taken down. Chris Eggertsen, Billboard, "Katy Perry Sued for Copyright Infringement Over Hillary Clinton Costume Photo," 31 Oct. 2019 Following outrage and increased scrutiny, the flag has been taken down. Breanna Edwards, Essence, "Nazi Flag Seen In California Corrections Department Window Prompts Investigation," 30 Oct. 2019 The website was taken down shortly after Zuberi’s plea was made public. Jim Mustian, The Denver Post, "Middleman helped Saudi give to Obama inaugural," 29 Oct. 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

15 Nov 2019

Cite this Entry

“Takedown.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/taken%20down. Accessed 21 November 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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