Topical Terminology > Early Withdrawal Penalty
Early Withdrawal Penalty
For Early Withdrawal Penalty we have terms and definitions in 2 topics. The topics are Finance and Investing.
Early Withdrawal Penalty (Finance) 
Penalty paid by the holder of a fixed-term investment penalizing an investor who withdraws money before the agreed-upon maturity date.
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Early Withdrawal Penalty (Investing)
An assessment charged to an investor when they withdraw their money from a fixed-term investment before its maturity. For example, if investors who have a one year certificate of deposit withdraw their money after eight months, the banking institution would assess a penalty.
See Also: Certificate Of Deposit
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