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overdraft

Line breaks: over|draft
Pronunciation: /ˈəʊvədrɑːft
 
/

Definition of overdraft in English:

noun

A deficit in a bank account caused by drawing more money than the account holds: when I left Cambridge I had a £900 overdraft [as modifier]: customers will be given a guaranteed overdraft facility
More example sentences
  • But even so, much of a student's debt comes from bank overdrafts and credit cards and who could resist an easy-peasy way of getting shot of those?
  • Experience shows that it is important to include all bank loans, overdrafts and credit cards into any reduced payment scheme.
  • If you have debts, whether they are bank overdrafts, personal loans or unpaid credit card bills then start by itemising all those outstanding loans.

Definition of overdraft in:

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