Withdraw Meaning and Definition

Pronunciation

/ˈwɪðdrɔw/ 🔊

Part of Speech

Noun

Definition

A financial transaction processing system that allows users to transfer funds from their account to a third-party or settle outstanding debts.

Examples

• I withdrew $100 from my account to buy groceries.
• The bank allows customers to withdraw cash at any ATM.

Synonyms

• Withdrawal

Etymology

The word “Withdraw” originated from the Old English words “with-” meaning “to take away” and “draw” meaning “to pull or take out”.

Usage Notes

Withdraw is often used in financial contexts, but it can also be used in other situations where something is taken away, such as withdrawing a policy from an insurance company or withdrawing a claim from a legal case.

Cultural References

Withdraw has been referenced in popular culture, such as in the TV show “Breaking Bad” where the characters used withdrawal to refer to the act of pulling cash from a ATM.

Idiomatic Expressions or Phrases

• Withdrawal symptoms – a phrase used to describe the effects of suddenly stopping a substance to which one has become physically dependent
• Withdrawal period – the time during which a user must refrain from using a substance before they are considered fully withdrawn.

Related Words or Phrases

• Withholding

Collocations

• Withdraw cash
• Withdraw funds
• Withdraw a claim

Frequency of Use

Withdraw is a commonly used term in financial and legal contexts, but its usage is not as widespread as other words in the English language.

Common Misspellings

• Withdraiw
• Withdrawle