Keyword Analysis & Research: withdrawal definition bank


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What does bank withdrawal mean?

bank withdrawal - the withdrawal of money from your account at a bank bank run - the concerted action of depositors who try to withdraw their money from a bank because they think it will fail withdrawal - the act of taking out money or other capital

What is a withdrawal in accounting?

What is a 'Withdrawal'. A withdrawal involves removing funds from a bank account, savings plan, pension or trust. In some cases, conditions must be met to withdraw funds without penalization, and penalization for early withdrawal usually arises when a clause in an investment contract is broken.

What is the difference between withdraw and deposit?

As nouns the difference between withdrawal and deposit is that withdrawal is receiving from someone's care what one has earlier entrusted to them usually refers to money while deposit is sediment or rock that is not native to its present location or is different from the surrounding material sometimes refers to ore or gems.

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