Definition

1. Noun:
   • The act of taking money out of a bank account: A "bank withdrawal" is the specific action of removing funds from one's personal or business account held at a financial institution.

Usage

• This term is used to describe the transaction itself, not the physical cash received. It is a formal and specific term common in financial contexts.
• It typically refers to a single, specific instance of taking money out.
• Example:

Examples

• Noun:
  • She went to the ATM to make a bank withdrawal.
  • The bank withdrawal was recorded in his online statement.
  • There is a daily limit for bank withdrawals at this ATM.

Advanced Usage

• "to make a bank withdrawal": This is the standard collocation for performing the action.
  • I need to make a bank withdrawal before we go shopping.

Variants and Related Words

• Withdrawal (n): The general act of taking something back or removing something. In finance, it often implies "bank withdrawal" but can be used in other contexts (e.g., withdrawal from a treaty, drug withdrawal).
• Cash withdrawal (n): A more specific term emphasizing the receipt of physical cash, often used interchangeably with "bank withdrawal."
• Deposit (n): The antonym; the act of putting money a bank account.

Synonyms

• Cash withdrawal: Taking out physical currency.
• Debit: An accounting record that represents a withdrawal of funds from an account.

Related Phrases

• Withdrawal slip (n): A paper form once commonly used to authorize a bank withdrawal.
• Withdrawal limit (n): The maximum amount of money one can take out in a single transaction or within a set period.

Noun

1. the withdrawal of money from your account at a bank