overdraft
- noun
- /ˈoʊvərdræft/
- The bank notified him of an overdraft when his account balance fell below zero after recent purchases.
Today the world's financed on credit cards and overdrafts and people want to Live Today.
- Today the world's financed on credit cards and overdrafts and people want to Live Today.
- Consider this In America, Guess who pays most of the overdraft fees in America?
- Enjoy no fee overdraft protection, no minimums, no membership fees.
- One Finance has no fee overdraft protection.
- One has no fee overdraft protection.
- Obviously you could obviously get a lot higher than that, which may be cheaper than your overdraft, cheaper than a credit card.
- I told you it's expensive to be poor, man Overdraft.
Examples
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Looks like your account has exceeded its overdraft balance.
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If you add additional funds to the account, we can waive the $50 overdraft fee.
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But if you can live without your overdraft but have it there for an emergency, then that can help.
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So, what are we gonna do about the overdraft, Harry?
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And if they made one mistake at their bank that resulted in an overdraft, it would easily be more than that.
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One Finance has no fee overdraft protection.
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Your overdraft protection covers your account until the end of the month.
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Choose a bank that offers free checking for college students with overdraft protection.
Blog text (29) -
This will cover the overdraft of $550 that I owe you.
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Say goodbye to pesky monthly fees and overdraft charges because Chime has none.
Synonyms
An account amount below zero when you owe money to the bank
Antonyms
Compounds
- Specialized
Money a bank lets you use when a check makes your account go below zero
- Specialized
A bank service that lets you withdraw money when your account does not have enough money
How Flexible
Surface Forms
Morphology
Etymology
Overdraft comes from over ('too much' or 'beyond') and draft ('to draw' or 'take'), like drawing water from a bucket and taking more than is there. So an overdraft is when you take more money from your bank account than you have, leaving your balance below zero.