Meaning of “take sth out” in the English Dictionary

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"take sth out" in English

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take sth out

— phrasal verb with take uk ​ /teɪk/ us ​ /teɪk/ verb took, taken

(MONEY, etc.)

B2 to get money from a bank account:

I took out some money for the weekend.

› to arrange to get something from a company, bank, etc.:

I’m going to take out a life insurance policy.
He had to take out a loan to pay his taxes.

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(Definition of “take sth out” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"take sth out" in Business English

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take sth out

— phrasal verb with take uk ​ /teɪk/ us ​ verb [ T ] took, taken

› FINANCE, BANKING, MARKETING to arrange and pay for insurance, a loan, an advertisement, etc.:

take out a loan/mortgage He took out a $44,000 startup loan.
They decided to take out extra life insurance.
take out an ad/advertisement They took out an ad in USA Today.

› BANKING to remove money from a bank account:

I had to take $10,000 out of a savings account in order to pay for the car.

(Definition of “take sth out” from the Cambridge Business English Dictionary © Cambridge University Press)

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