Definition Synonyms
Definition of overdraft - Reverso English Dictionary
Noun
1.
account balanceTECH. amount of money overdrawn from an accountTECH.
- Her overdraft was higher than expected.
2.
bank serviceTECH. arrangement allowing withdrawal beyond the balanceTECH.
- She set up an overdraft with her bank to cover unexpected expenses.
3.
bankingTECH. act of withdrawing more money than availableTECH.
- He was charged a fee for his overdraft.
4.
environmentTECH. extraction of groundwater beyond safe yieldTECH.
- The region faces issues due to overdraft of aquifers.
Expressions with overdraft
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negative balance in a bank account
He was charged a fee for his bank overdraft.
service letting you spend more money than you have
The bank offers an overdraft facility to its customers.
feature allowing transactions despite insufficient account balance
With overdraft protection, her purchase was approved even though her balance was low.
ensure overdraft credit covers transactions
They must check overdraft credit to avoid declined payments.
credit extended by a bank when an account balance is zero
The bank offered him an overdraft credit to cover his expenses.
temporary negative balance in a bank account during the day
The company had a daylight overdraft before funds arrived.
Origin of overdraft
Old English, ofer (over) + drafe (draw)
Terms with overdraft included in their meaning
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transactions
ensure overdraft credit covers transactions
finance
verify the availability of overdraft credit
agreement
review terms of overdraft credit agreement
Examples of overdraft in a sentence
The bank notified him of his overdraft. The bank charges fees for an overdraft. He was worried about his overdraft limit. Her account went into overdraft after the purchase. The bank notified him of his overdraft status. Overdraft has led to a significant drop in water levels.
The committee discussed measures to prevent groundwater overdraft.
View all translations of overdraft
Click below to see the appropriate translations facing each meaning.
- French:découvert, ligne de crédit, ...
- German:Überziehungskredit, Dispositionskredit, ...
- Italian:scoperto, scoperto bancario, ...
- Spanish:sobregiro, descubierto bancario, ...
- Portuguese:descoberto bancário, cheque especial, ...
- Chinese:透支, 透支额度, ...
- Japanese:当座貸越, 当座貸越契約, ...
- Arabic:سحب على المكشوف, تَجَاوُز الحِسَاب, ...
- Hebrew:יֶתֶרַת יֶתֶר, אוֹבֶרְדְרָאפְט, ...
- Russian:овердрафт, договор овердрафта, ...
- Ukrainian:перевищення кредиту, надмірне використання, ...
- Hindi:अधिविकर्ष, ओवरड्राफ्ट सुविधा, ...
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