Funds Withdrawal
/ˈfʌndz wɪθˈdrɔːəl/
Definitions
- (n.) The act or process of removing money from an account or fund, often governed by contractual or regulatory terms.
The client requested a funds withdrawal to transfer money to their primary checking account.
Forms
- funds withdrawal
Related terms
See also
Commentary
Usage often depends on context; specify the source account and applicable conditions to avoid ambiguity in contracts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.