The term “voltage drop” is often misused to mean the difference between the voltage measured at Point A in a circuit and that measured at Point B. Typically, Point A is the supply breaker, and Point B is utilization equipment. Voltage drop is actually the result of a calculation, and it is a design consideration.
The catch is that to calculate voltage drop you need the circular mils of the conductor for which you are making the calculation. Table 8 provides that value for conductors ranging from 18 AWG to 4/0. When you go larger than 4/0, the conductor size is expressed in thousands of circular mils (kcmil). A 4/0 conductor is 211.6kcmil, and the next size up is 250kcmil.
The NEC does not specify a maximum voltage drop for general circuits. It does provide a figure for “sensitive electronic equipment” [647.4(D)]. You will also find suggested figures in an Informational Note in 210.19(A) and in 310.14(A)(1). Also, manufacturers of some utilization equipment may specify a figure.
You can usually correct for voltage drop by increasing the conductor one size.