For Overdraft we have terms and definitions in 5 topics. The topics are Accounting, Auto Loan, Banking, Finance and Science.

Overdraft (Accounting)

isa. a draft in excess of the credit balance within an account; or b. a facility (usually at a bank or other financial institution) enabling an account holder to borrow up to an agreed amount and often for an agreed time.

Overdraft (Auto Loan)

Checking

Overdraft (Banking)

An arrangement made between you and your bank that allows you to withdraw more than the amount of money in your account. You won't have to pay any charges other than interest so long as you stay within your limit. Handy if you've had a busy month of spending and you still have a week to go before getting paid.

Overdraft (Finance)

Provision of instant credit by a lending institution.

Overdraft (Science)

Groundwater withdrawn over a period of time at a faster rate than it can be replenished

Similar

Browse words that start with:

• Ov
• Ove
• Over
• Overd
• Overdraft

Browse All Terms by First Letter

Term Search