Overdraft definitions
A draft, or current of air, passed over a fire, as in a furnace, or passing down through a kiln.
noun
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
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.
(countable) The maximum amount that may be overdrawn.
The bank have given me an overdraft of $2000.
noun
Origin of overdraft
over- +"Ž draft