Definition of «less withdrawals»

The phrase "less withdrawals" means having fewer instances or amounts of money being taken out, removed or withdrawn from an account. This could refer to a reduction in the frequency or amount of cash being extracted by individuals or businesses from their bank accounts, savings, investments or other financial resources. The term can also be used more broadly to describe any decrease in withdrawals from activities, relationships, habits or situations that may have previously involved taking something away or causing a loss.

Sentences with «less withdrawals»

If age attained was more than 60 years, higher of the Sum Assured less withdrawals made after age 58 or the Fund Value subject to a minimum of 105 % of all premiums paid is payable (policybazaar.com)
Return of Premium Rider ** This rider provides a death benefit equal to the face amount plus the premiums less any withdrawals, accumulated with interest. (globalatlantic.com)
1) Sum Assured (less all withdrawals made during the two year period immediately preceding the date of death) (myinsuranceclub.com)
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