👉 Withdrawment in finance refers to the act of transferring money from one account to another, usually with a specific purpose. It can be used as a financial strategy or as an investment method for achieving financial goals. In simple terms, it involves taking out some funds from your current account and putting them into another account that has a higher return potential, typically called a "new account." This new account is often referred to as a "withdrawal" because you are withdrawing money from the original one. The
