Early withdrawal is the removal of funds from a fixed-term investment before its maturity date, or the removal of funds from a tax-deferred investment account or retirement savings account before a prescribed time, such as the account owner's attainment of a minimum age requirement. An early withdrawal fee is usually imposed, which acts as a deterrent to frequent withdrawals before the end of the early withdrawal period.
Equity Equity is the total or partial ownership an individual possesses minus any debts that are owed. Equity is the amount of interest shareholders hold in a company as a part of their rights of partial ownership. Equity is considered synonymous with ownership, a share of ownership, or the rights ownership.