overdraft
uk flag
/ˈoʊvɝˌdɹæft/
British pronunciation
/ˈə‍ʊvədɹˌɑːft/

Definition & Meaning of "overdraft"

Overdraft
01

a deficit in a bank account caused by withdrawing more money than is available

example
Example
click on words
The bank charged a fee for the overdraft on her account.
She was worried about an overdraft when her check bounced.
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