You may be able to avoid an early withdraw penalty in certain circumstances. Although money in a traditional IRA is meant to be preserved for retirement, the government does allow workers to tap into the fund, without penalty, for certain purposes.
exam. An exam or examination is an official test that shows your knowledge or ability in a particular subject. Exam is the word most commonly used. Examination is more formal and is used mainly in written English. I was told the exam was difficult.
Wiktionary (0.00 / 0 votes) Rate this definition: test (Noun). A challenge. test (Noun). An examination, given often during the academic term. test (Noun). A session in which a product or piece of equipment is examined under everyday or extreme conditions to evaluate its durability, etc. test (Noun). A Test match.