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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 ?
- Use nicotine patches if you need to during the month of Ramadan as these can control the withdrawal symptoms and help quit the unhealthy habit in time.
Under the partnership, US WorldMeds was responsible for regulatory support and expertise in developing this approach to managing opioid withdrawal symptoms. Camargo lead the drug development services, especially Chemistry, Manufacturing, and Controls (CMC) and regulatory consulting services.
(5) In uncontrolled studies of patients withdrawing from opioids, supplementation with large doses of vitamin C in combination with other nutrients decreased the severity of withdrawal symptoms or eliminated them entirely, and frequently reduced cravings for the drug.
A withdrawal symptom is nervousness or anxiousness.
Abrupt or rapid discontinuation of pregabalin may produce withdrawal symptoms including nausea, diarrhea, headache, sweating, tremor anxiety, irritability insomnia, and craving (l,2,3,4,5).
* Does a standardized pediatric withdrawal assessment tool increase a nurse's confidence in his/ her assessment of a patient's withdrawal symptoms?
Most infants born to drug-dependent mothers will undergo Neonatal Abstinence Syndrome and will require pharmacotherapy for withdrawal symptoms. According to findings of the 2009 National Survey on Drug Use and Health, "The rate of current illicit drug use in the combined 2009-2010 data was 16.2 percent among pregnant women aged 15 to 17, 7.4 percent among pregnant women aged 18 to 25, and 1.9 percent among pregnant women aged 26 to 44" (U.
Despite the benefits of using the CIWA-Ar, qualitative description of certain alcohol withdrawal symptoms is prone to subjective misinterpretation and can result in falsely elevated scores, excessive benzodiazepine administration, and associated sequelae.
The long-held belief that using marijuana isn't physically addictive has proved false, according to research that found quitting marijuana can cause withdrawal symptoms.
Withdrawal symptoms might therefore represent a return of symptoms from neuroplastic imbalance and chronic changes, as well as unresolved psychiatric symptoms.
In an ancillary investigation, we also plan to do a prospective study of a subset of newborns exposed in utero to atypical antipsychotics in which we will evaluate these infants for the presence of withdrawal symptoms, such as tremulousness, jitteriness, and potential extrapyramidal symptoms.
In this comparative effectiveness trial, buprenorphine was found to be superior to methadone in reducing withdrawal symptoms in the newborns, according to a recent study funded by the National Institute on Drug Abuse (NIDA), a component of the National Institutes of Health.