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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Table 2 shows the effect of zein-based polymeric nanofibers and zein-based polymeric nanofibers loaded with quercetin at various concentrations on latency of foot withdrawal reflex. Our data showed a significantly decreased foot withdrawal reflex latency in diabetic rats with sciatic nerve crush injury that received zein-based polymeric nanofibers at days 6 and 9 of the study period (p value < 0.01 all, compared with diabetic rats with nerve crush injury that received no treatment).
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.
On day 60, colorectal distension (CRD) was given and abdominal withdrawal reflex (AWR) was quantified as scores in the individual rat of all groups.
For example, one would predict that noxious stimuli should have little or no effect on the synaptic strength of the sensorimotor connection in the tail withdrawal reflex of Dolabrifera.
In addition to the parameters of physiologic functions, pedal withdrawal reflex, in which the leg flexes in response to painful stimulation of the digits or pinch of the interdigital region, was a good indicator for the depth of anesthesia in the ostriches.
A significant increase in the tail withdrawal reflex was observed for the swertiamarin treatment at both the doses with percent protections of 150 and 200, respectively.
As with other forms of defensive behaviors, the memory for sensitization of the withdrawal reflex is graded, and repeated tail shocks lead to a longer-lasting memory: A single tail shock produces short-term sensitization that lasts for minutes, whereas repeated tail shocks given at spaced intervals produce long-term sensitization that lasts for up to several weeks (Castellucci et al.
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].
Site specificity of short-term and long-term habituation in the tail-elicited siphon withdrawal reflex of Aplysia.