The fee that is charged for withdrawing money from an account prior to the pre-determined time of maturity. This usually relates to fixed-term investments such as retirement plans or mutual funds.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser