overdraft

[oh-ver-draft, -drahft]
noun
1.
an act or instance of overdrawing a checking account.
2.
a check overdrawn on a checking account.
3.
the amount overdrawn.
4.
an excessive drawing on or drawing off of something.
5.
a draft made to pass over a fire, as in a furnace.
6.
a draft passing downward through a kiln.
7.
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.
Compare underdraft.


Origin:
1875–80; over- + draft

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
overdraft (ˈəʊvəˌdrɑːft)
 
n
1.  a draft or withdrawal of money in excess of the credit balance on a bank or building-society cheque account
2.  the amount of money drawn or withdrawn thus

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History

overdraft
1878, in the banking sense, from over + draft.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Cultural Dictionary

overdraft definition


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

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
It provides a handy visual record of how much money you have left, and when you
  run out, you don't incur overdraft fees.
For example, politicians complained that overdraft fees were unfair, so they
  made new laws limiting them.
It was a precautionary and unconditional overdraft offered only to top-quality
  borrowers, say officials.
During past recession scares any shortfall in income from jobs and investments
  could be bridged by a bank overdraft or loan.
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