When it comes to finance, two commonly confused terms are “withdraw” and “withdrawal”. Although these words can often be used interchangeably, they actually have different meanings and should be used appropriately. In this article, we will explore what makes these words unique, and provide example sentences of each.
Comparing Withdraw and Withdrawal—Exploring the Difference in Meaning
The words “withdraw” and “withdrawal” can be used to describe many actions, but they are used most often in a banking context and have quite different meanings. The word “withdraw” can refer to the action of taking all or part of a deposit or asset, such as a bank account, out of a bank. On the other hand, the word “withdrawal” can also refer to the action of taking a deposit or asset out of a bank, but it also includes the money that was taken out of the bank.
What’s the Difference between Withdraw and Withdrawal? A Closer Look
To better understand the difference between these two words, let’s look at a few example sentences. The sentence “I will withdraw the money from my bank account” implies that the action of taking the money out of the bank will be performed. The sentence “I will make a withdrawal from my bank account” implies that both the action of taking the money out of the bank and the amount of money taken out of the bank will be performed.
In summary, the main difference between the two words is that “withdraw” refers to the action of taking the deposit or asset out, while “withdrawal” refers to both the action and the amount taken out.
Withdraw Example Sentences
Below are a few example sentences of a “withdraw”:
• I will withdraw $200 from my bank account.
• She withdrew the money from the ATM.
• He will withdraw the funds from his savings account.
Withdrawal Example Sentences
Below are a few example sentences of a “withdrawal”:
• He made a withdrawal of $500 from his bank account.
• She made a withdrawal of $100 from the ATM.
• We made a withdrawal of funds from our checking account.
Conclusion
The terms “withdraw” and “withdrawal” are very important in banking, and it is important to understand the difference between them. To sum up, “withdraw” refers to the action of taking a deposit or asset out of a bank, while “withdrawal” refers to both the action of taking the deposit or asset out of a bank, as well as the money taken out of the bank.