Related Words

Automatic Withdrawal: A mutual fund that gives shareholders the right to receive a fixed payment from dividends on a quarterly or monthly basis.

Automatics: Riders of motorcycles are used to shifting gears and using a clutch. However, some new riders would like to do away with shifting and clutching since they may have become used to automatic t . . . View Full Definition

Day Of Deposit To Day Of Withdrawal Account: A loan from a bank to a broker prior to the delivery of securities. Upon the delivery of the securities, a day loan becomes a regular broker call loan for which securities serve as collateral.

Early Withdrawal: If you withdraw assets from a fixed-term investment, such as a certificate of deposit (CD), before it matures, it is considered an early withdrawal. If you withdraw from an individual retire . . . View Full Definition

Automatic-On Headlamp: An automatic-on headlamp, or a daytime running lamp (DRL), is a motorcycle’s headlamp that automatically turns on when the bike is started. It’s mandatory on all street bikes in North Americ . . . View Full Definition

Early Withdrawal Penalty: A broker's commission from his or her involvement on both the purchase and the sale side of a security.

Automatic Two-Putt: When a golf course declares that players may consider the ball to be holed in no more than two putts once their ball is on the putting surface (most commonly because of aeration or temporary . . . View Full Definition

Automatic Vehicle Location (AVL): Combining a location-sensing device (such as a GPS receiver) with a wireless communications link to provide a home office or dispatcher with the location of a vehicle or mobile asset (such a . . . View Full Definition

Automatic Tuner Activation (ATA): A feature that allows the tuner to be accessed while a tape deck is rewinding or fast forwarding.

Hardship Withdrawal: A hardship withdrawal, also known as a hardship distribution, occurs when you take money out of your 401(k) or other qualified retirement savings plan to cover pressing financial needs. You . . . View Full Definition