Overdraft definition

ōvər-drăft
Frequency:
The act of overdrawing a bank account.
noun
4
0
The definition of an overdraft is taking out more money than is in your account, or a draft of air that moves over a fire.

An example of an overdraft is to write a check for $40 when you only have $20 in your account.

An example of an overdraft is the air that passes over the fuel in a furnace.

noun
2
0
A current of air made to pass over the ignited fuel in a furnace.
noun
2
1
The amount overdrawn.
noun
1
0
The maximum amount of credit extended to a customer.
noun
1
0
Advertisement
The air so forced.
noun
1
0
A draft, or current of air, passed over a fire, as in a furnace, or passing down through a kiln.
noun
1
0
A withdrawal of money from a bank in excess of the amount credited to the drawer.
noun
1
0
The amount withdrawn in excess.
noun
1
0
Credit issued by a bank if a check is written on an account that does not have sufficient money to cover it and the bank chooses to approve the check. Often banks link a customer’s savings account or credit card to the checking account to cover overdrafts, and an overdraft fee will be charged.
1
0
Advertisement
(uncountable) The act of overdrawing a bank account.
noun
1
0
(countable) The amount overdrawn.

I have an overdraft of £1234.

noun
1
0
(countable) The maximum amount that may be overdrawn.

The bank have given me an overdraft of $2000.

noun
1
0
A series of flues in a brick kiln designed to force air down from the top.
noun
1
1

Other Word Forms

Noun

Singular:
overdraft
Plural:
overdrafts

Origin of overdraft

  • over- +"Ž draft

    From Wiktionary