Decumulation
Risk & psychologyThe phase of drawing down a corpus rather than adding to it.
In plain terms
Every habit that worked while accumulating becomes wrong here.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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The phase of drawing down a corpus rather than adding to it.
Every habit that worked while accumulating becomes wrong here.