View synonyms for

overdraft

[ oh-ver-draft, -drahft ]

Phonetic (Standard)IPA

noun

an act or instance of overdrawing a checking account.
a check overdrawn on a checking account.
the amount overdrawn.
an excessive drawing on or drawing off of something.
a draft made to pass over a fire, as in a furnace.
a draft passing downward through a kiln.
Metalworking. a tendency of a rolled piece to curve upward after passing through a stand, occurring when the lower roll is faster than the upper.

overdraft

/ ˈəʊ��əˌ��ɑː�ڳ� /

noun

a draft or withdrawal of money in excess of the credit balance on a bank or building-society cheque account
the amount of money drawn or withdrawn thus

overdraft

The amount by which a check exceeds the funds on deposit to cover it.

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Word History and Origins

Origin of overdraft¹

First recorded in 1875–80; over- + draft

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Example Sentences

Examples have not been reviewed.

Overnight, my routine of instant oatmeal dinners and dodging overdraft fees turned into grocery lists, school pickups and conversations I never expected to have so soon.

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However, in the wake of the crash, the rates on Martin's overdraft surged to 16%.

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The 41-year-old, who works part-time in Asda, is using emergency credit on her energy meter and regularly dips into her overdraft.

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Consumers can opt out of overdraft fees or switch to an account that doesn't charge them.

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“The CFPB’s overdraft fee rule will stop exploitative practices by big banks, improve transparency, and put $5 billion back into the pockets of everyday people.”

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overdose overdraft checking account

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