väljavõttu
Väljavõttu is an Estonian term that translates to "withdrawal" or "extract" in English. Its specific meaning depends on the context in which it is used. In financial contexts, väljavõttu commonly refers to withdrawing money from a bank account or a pension fund. This can be done through ATMs, bank tellers, or online banking services. When referring to pension funds, it might involve taking out a portion or the entirety of one's accumulated savings, often under specific conditions or upon reaching a certain age.
Beyond finance, väljavõttu can also denote the act of taking something out or extracting it from a