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Meaning of OVERDRAFT

Pronunciation:  'owvur`draft

 
WordNet Dictionary
 
 Definition: 
[n]  a draft in excess of the credit balance
 

OVERDRAFT is a 9 letter word that starts with O.

 

 See Also: bill of exchange, draft, order of payment

 

 

Webster's 1913 Dictionary
 
 Definition: 
\O"ver*draft`\, n. (Banking)
The act of overdrawing; also, the amount or sum overdrawn.

 
Thesaurus Terms
 
 Related Terms: arrear, arrearage, arrears, back debts, back payments, bankruptcy, bouncing check, bust, collapse, crash, default, deferred payments, deficit, deficit financing, dollar gap, failure, insolvency, insufficient funds, kited check, overdrawn account, receivership
 

 

 

 

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