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Home > QFINANCE Dictionary > Definition of early withdrawal

Definition of

early withdrawal

Banking

taking money out of time deposit account early the removal of money from a deposit account before the due date. Early withdrawal often incurs a penalty that the account holder must pay.

Definitions of ’early withdrawal’ and meaning of ’early withdrawal’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’early withdrawal’ and other financial terms with our online QFINANCE Financial Dictionary.

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