Automatic withdrawal


 

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Automatic withdrawal

A mutual fund that gives shareholders the right to receive a fixed payment from dividends on a quarterly or monthly basis.



Automatic withdrawal

Similar Matches

Day of deposit to day of withdrawal account

Day of deposit to day of withdrawal account

A bank account that pays interest according to the number of days that the money is actually on deposit.


Early withdrawal

Early withdrawal

See: Premature distribution


Negotiable order of withdrawal (NOW)

Negotiable order of withdrawal (NOW)

Demand deposits that pay interest.


In service withdrawal

In service withdrawal

A participant-initiated withdrawal from an employer-sponsored retirement plan while the participant is still employed by the company.


Systematic withdrawal plan

Systematic withdrawal plan

A provision of certain mutual funds to pay out to the shareholder specified amounts after specified periods of time.


Further Suggestions

Negotiable Order of Withdrawal Account (NOW)
Early withdrawal penalty
early withdrawal penalty


 
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