Definition of Overdraft. Meaning of Overdraft. Synonyms of Overdraft

Here you will find one or more explanations in English for the word Overdraft. Also in the bottom left of the page several parts of wikipedia pages related to the word Overdraft and, of course, Overdraft synonyms and on the right images related to the word Overdraft.

Definition of Overdraft

Overdraft
Overdraft O"ver*draft`, n. (Banking) The act of overdrawing; also, the amount or sum overdrawn.

Meaning of Overdraft from wikipedia

- An overdraft occurs when something is withdrawn in excess of what is in a current account. For financial systems, this can be funds in a bank account...
- Overdrafting is the process of extracting groundwater beyond the equilibrium yield of an aquifer. Groundwater is one of the largest sources of fresh water...
- A daylight overdraft (also called intraday overdraft) occurs where a bank account is allowed to go overdrawn during the day but is brought back into credit...
- holder and charge only if the holder uses an add-on service such as an overdraft. In Holland in the early 1500s, Amsterdam was a major trading and shipping...
- depleted by the human po****tion. Such over-use, over-abstraction or overdraft can cause major problems to human users and to the environment. The most...
- increase the number of total overdraft charges from each of the smaller amounts remaining, as well as charging overdraft fees on a daily basis rather...
- charges for specific transactions (other than overdraft limit excesses) interest in respect of overdrafts (whether authorised or unauthorised by the bank)...
- consumers with inappropriate or illegal overdraft fees. Regions did not obtain affirmative opt-ins from charging overdraft fees on ATM and point of sale transactions...
- company offers early access to paychecks, negative account balances without overdraft fees, high-yield savings accounts, peer-to-peer payments, and an interest-free...
- [clarification needed] Corporation Bank has denied ever providing an overdraft facility of that amount. In February 2019, Rajasthan High Court issued...