The term "non-withdrawable" describes something that cannot be taken back, removed, or redeemed. It signifies an item, fund, or agreement where retrieval or cancellation is either permanently impossible or heavily restricted, often due to legal, contractual, or practical constraints. This characteristic provides security for involved parties or the stability of financial systems. non-withdrawable assets create a basis of trust, certainty, and long-term commitment. It can be used in many areas such as finances, contracts, or laws.
Non-withdrawable meaning with examples
- 1. The pension contributions were structured as non-withdrawable funds, ensuring the retirement security of employees. The conditions of the plan prevented any early withdrawals. This stability allowed long-term investment. These funds contributed to a predictable income stream in the future.
- 2. After signing the legally binding agreement, the offer became non-withdrawable, committing the company to the deal. This was a deal sealed with certainty. Withdrawal clauses had not been included, and that was the deal's condition.
- 3. The government implemented a policy where specific disaster relief funds were non-withdrawable to protect aid for those affected by emergencies. This created a secure and accessible method to supply aid quickly, without delays.
- 4. Investment in the infrastructure project was designated as non-withdrawable, guaranteeing the project's completion. Funding was safeguarded and protected. The investment served a key purpose, and needed a guarantee.