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A transaction in which a customer receives back money he/she had previously deposited at a bank, pension, or trust. When one makes a withdrawal on a pension or similar plan, it may carry a penalty depending on the pension's rules. For example, one must usually be of a certain age in order to make a withdrawal. There is rarely such a penalty when making a withdrawal from a bank. For instance, when one closes an account, the client makes a withdrawal on all the money he/she owns at that bank.


A withdrawal is money you take out of your banking, brokerage firm, or other accounts.

If you withdraw from tax-deferred retirement accounts before you turn 59 1/2, you may owe a 10% early withdrawal penalty plus any income tax that's due on the amount you've taken out.

In everyday usage, the term withdrawal is used interchangeably with distribution to describe money you take from your tax-deferred accounts, though distribution is actually the correct term.

References in periodicals archive ?
Third, the improved TA activity likely contributed to the FES+RTT group's tendency to generate more regular ankle flexion and exhibit less dragging or withdrawal reflex than the RS group.
Abdominal withdrawal reflex (AWR) responses to the graded intensity of colorectal distension (CRD) were scored in normal, NMS control and Schisandra-treated rats.
The contribution of facilitation of monosynaptic PSPs to dishabituation and sensitization of the Aplysia siphon withdrawal reflex.
Two endogenous neuropeptides modulate the gill and siphon withdrawal reflex in Aplysia by pre-synaptic facilitation involving cAMP-dependent closure of a serotonin-sensitive potassium channel.
The tail withdrawal reflex was recorded before and after 60 min following the treatments.
8 mcg/kg Anxiolysis at the time 25 (100%) 25 (100%) of puncture Collaboration at the 25 (100%) 25 (100%) time of puncture Puncture withdrawal reflex 12 (48%) 0 (0%) Puncture pain 8 (32%) 0 (0%) Will receive subarachnoid 25 (100%) 25 (100%) anesthesia again in the future Complications 0 (0%) 0 (0%) Study variable Group 3 P value Midazolam 0.
In applications in people with SCI, functional electrical stimulation (FES) is one neuroprosthetic approach to improve locomotor function that stimulates the peroneal nerves to elicit a flexion withdrawal reflex and thereby cause limb movement [90].