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  1. Feb 18, 2024 · A withdrawal, in the context of banking, refers to the process of taking money out of a bank account. It is an essential aspect of personal finance, allowing individuals to access their funds to meet their daily needs, make payments, or simply have cash on hand.

  2. May 22, 2022 · A deposit, from the ancient Latin word deponere, means to “place in the hands of another.”. In terms of banking, a deposit means you put your money in the hands of a brick-and-mortar or online bank to safely hold it for you. Deposits add to your funds, which helps your bank accounts pay your bills or stash your cash until you are ready to ...

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  4. WITHDRAWAL meaning: 1. the act of taking money out of a bank account: 2. the act of stopping doing something, for…. Learn more.

  5. WITHDRAWAL definition: 1. the act of taking money out of a bank account: 2. the act of stopping doing something, for…. Learn more.

  6. Sep 22, 2023 · This type of withdrawal provides immediate access to funds, making it convenient for everyday expenses where electronic transactions may not be accepted. Examples of cash withdrawals include using an ATM to withdraw money, visiting a bank branch for over-the-counter withdrawals, or making online banking transfers to a personal cash account.

  7. The UN were faced with an ignominious withdrawal or a long-term military presence. The party is calling for the phased withdrawal of troops from the island. The police were forced to make a tactical withdrawal. a withdrawal by government troops; the army's withdrawal from the occupied territories; US withdrawal from Vietnam

  8. 3 [countable] the act of taking an amount of money out of your bank account You can make withdrawals of up to $250 a day.; 4 [uncountable] the period of time when someone is getting used to not taking a drug that they have become addicted to, and the unpleasant effects of doing this I got withdrawal symptoms after quitting smoking.

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