HomeDefinitionsCompareDebt Automatic withdrawalThe financial definition for Automatic withdrawal:A mutual fund that gives shareholders the right to receive a fixed payment from dividends on a quarterly or monthly basis. Similar MatchesDay of deposit to day of withdrawal accountDay of deposit to day of withdrawal accountA bank account that pays interest according to the number of days that the money is actually on deposit. Early withdrawalEarly withdrawalSee: Premature distribution Early withdrawal penaltyEarly withdrawal penaltyPenalty paid by the holder of a fixed-term investment penalizing an investor who withdraws money before the agreed-upon maturity date. Further SuggestionsIn service withdrawalNegotiable Order of Withdrawal Account (NOW) Negotiable order of withdrawal (NOW) Systematic withdrawal plan Click to compare definitions of Automatic withdrawal Click to view definitions beginning au |