- withdrawal of deposit
- Closing a bank account by taking the fund on deposit.
Ballentine's law dictionary. Anderson, W.S.. 1998.
withdrawal of deposit
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withdrawal — noun a) Receiving from someones care what one has earlier entrusted to them. Usually refers to money. heroin withdrawal b) A method of birth control which consists of removing the penis from the vagina before ejaculation. nicotine withdrawal Ant … Wiktionary
withdrawal — with‧draw‧al [wɪDˈdrɔːəl, wɪθ ǁ ˈdrɒːəl ] noun 1. [countable, uncountable] BANKING the act of taking money from a bank account, or the amount you take out: withdrawal of • There are penalties for the early withdrawal of savings. • cash… … Financial and business terms
withdrawal — with·draw·al n 1: the act or fact of withdrawing withdrawal from a conspiracy 2: removal of money from a place of deposit or investment a penalty for early withdrawal Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
deposit — de·pos·it 1 /di pä zət/ vt 1: to place for safekeeping or as security may deposit the property with the court; esp: to put in a bank account 2 in the civil law of Louisiana: to place (movable property) under a deposit the depository can not make… … Law dictionary
Withdrawal (disambiguation) — Withdrawal may refer to:* Withdrawal from addiction * Withdrawal (military) * Withdrawal reflex * Coitus interruptus (the withdrawal method) * Withdrawing money from a bank account, the opposite of a making a deposit … Wikipedia
deposit — [n1] down payment; money saved drop, installment, money in the bank, partial payment, pledge, retainer, security, stake, warranty; concepts 340,344 Ant. debit, withdrawal deposit [n2] accumulation of solid alluvium, delta, deposition, dregs,… … New thesaurus
deposit — ▪ I. deposit de‧pos‧it 1 [dɪˈpɒzt ǁ dɪˈpɑː ] noun 1. [countable] BANKING an amount of money paid into a bank account or held in a bank account, especially when it is earning interest: • Residents have some $4 billion in deposits in local… … Financial and business terms
Withdrawal Penalty — Refers to any penalty incurred by an individual for early withdrawal from an account that is either locked in for a stated period, as in a time deposit at a financial institution, or where such withdrawals are subject to penalties by law, such as … Investment dictionary
withdrawal — [[t]wɪðdrɔ͟ːəl[/t]] ♦♦♦ withdrawals 1) N VAR: usu N of n The withdrawal of something is the act or process of removing it, or ending it. [FORMAL] ...withdrawal of friendship... If you experience any unusual symptoms after withdrawal of the… … English dictionary
Deposit account — Deposits redirects here. For other uses, see Deposit (disambiguation). Banking A series on … Wikipedia
