withdrawal

with·draw·al   (wĭth-drô'əl, wĭth-)    n.   The act or process of withdrawing, as: A retreat or retirement. Retreat of a military force in the face of enemy attack or after a defeat. Detachment, as from social or emotional involvement. A removal from a place or position of something that has been deposited. Discontinuation of the use of an addictive substance. The physiological and mental readjustment that accompanies such discontinuation. Discontinuation of the use of an addictive substance. The physiological and mental readjustment that accompanies such discontinuation. The act or an instance of retracting or revoking: feared the withdrawal of his parents' permission. Coitus interruptus.

Withdrawal

Removing funds from an account, plan, pension or trust. In some cases, conditions must be met in order to withdraw funds without penalization. There are two ways to withdraw money: in cash or in kind.

Investopedia Commentary

Withdrawal can be done over a period of time in fixed or variable amounts or in one lump sum. Penalization for early withdrawal usually arises when a clause in an investment contract is broken. Cash withdrawal requires converting the holdings of an account, plan, pension or trust into cash, usually through a sale. In kind withdrawal is simply taking possession of assets and does not require conversion to cash.

Related Links

Selecting The Payout On Your Annuity
Taking Penalty-Free Withdrawals From Your IRA

See also: Annuitization, Distribution in Kind, Liquidation, Payment In-Kind - PIK, Systematic Withdrawal Plan - SWP, Systematic Withdrawal Schedule, Withdrawal Plan

Main Entry: with·draw·al
Function: noun
1 : the act or fact of withdrawing <withdrawal from a conspiracy>
2 : removal of money from a place of deposit or investment withdrawal>

Main Entry: with·draw·al
Pronunciation: -'dro(&-)l
Function: noun
1 a : a pathological retreat from objective reality (as in someschizophrenic states) b : social or emotional detachment
2 a : the discontinuance of administration or use of a drug b : the syndrome of oftenpainful physical and psychological symptoms that follows discontinuance of an addicting substance withdrawal>
3 : COITUS INTERRUPTUS

withdrawal with·draw·al (wĭ&phonth;-drô'əl, wĭth-)
n.

1. Detachment, as from social or emotional involvement.

2. Discontinuation of the use of an addictive substance.

3. The physiological and mental readjustment that accompanies such discontinuation.

4. A pattern of behavior, observed in schizophrenia and depression, that is characterized by a pathological retreat from interpersonal contact and social involvement and that leads to self-preoccupation.