Meaning of OVERDRAFT
| Pronunciation: | | 'owvur`draft
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 WordNet Dictionary |
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| | Definition: | | [n] a draft in excess of the credit balance |
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| | See Also: | | bill of exchange, draft, order of payment | |
| Webster's 1913 Dictionary |
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| | Definition: | | \O"ver*draft`\, n. (Banking)
The act of overdrawing; also, the amount or sum overdrawn.
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| Thesaurus Terms |
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| | 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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