Overdraft
Definition, Meaning & Examples
Pronunciation /ˈəʊvədɹɑːft/ · Part of speech noun
Quick meaning: Overdraft is a noun meaning (uncountable) The act of overdrawing a bank account.
Meaning
(uncountable) The act of overdrawing a bank account.
More Meanings
- (countable) The amount overdrawn.
- (countable) The maximum amount that may be overdrawn.
- The extraction of groundwater from an aquifer beyond the safe yield or equilibrium yield.
- A series of flues in a furnace; the current of air forced through them.
- (transitive) To extract groundwater from (an aquifer) beyond the safe yield or equilibrium yield.
Example Sentences
I have an overdraft of £1234.
The bank have given me an overdraft of $2000.
Word Forms
- overdrafts
- overdraught
- overdrafting
- overdrafted
Related Words
Related dictionary entries include discovery, credit, underring, overpayment, overdrift, overcharge.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.