Quantcast
 
Dictionary
Thesaurus
Encyclopedia
Translator
Web
Related Searches
Nearby Words

overdraft

 - 6 dictionary results
BB&T Free Checking Online
Free online banking with bill pay & check card. New Clients Get $100
www.bbt.com/cashoffer
ING DIRECT Checking
Automatic Protection for Overdrafts with No Fee. No Catches. Open Now.
www.ingdirect.com
Assessed Overdraft Fees?
Submit your complaint about improper bank fees.
www.Bank-Overdraft.com

o⋅ver⋅draft

  [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.
Use overdraft in a Sentence
Compare underdraft.

Origin:
1875–80; over- + draft
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2010.
Cite This Source Link To overdraft
BB&T Free Checking Online
Free online banking with bill pay & check card. New Clients Get $100
www.bbt.com/cashoffer
ING DIRECT Checking
Automatic Protection for Overdrafts with No Fee. No Catches. Open Now.
www.ingdirect.com
o·ver·draft   (ō'vər-drāft')   
n.  

    1. The act of overdrawing a bank account.

    2. Abbr. OD or o/d The amount overdrawn.

    3. The maximum amount of credit extended to a customer.

    4. A current of air made to pass over the ignited fuel in a furnace.

    5. A series of flues in a brick kiln designed to force air down from the top.

    6. The air so forced.

  2. also o·ver·draught (-drāft')

    1. A current of air made to pass over the ignited fuel in a furnace.

    2. A series of flues in a brick kiln designed to force air down from the top.

    3. The air so forced.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Cultural Dictionary

overdraft

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.
Cite This Source
Financial Dictionary

Overdraft

An instant extension of credit from a lending institution.

Investopedia Commentary

If you have an overdraft account, your bank will cover checks which would otherwise bounce. As with any loan, you pay interest on the outstanding balance of an overdraft loan.

Related Links

The Importance of Your Credit Rating
Seven Common Financial Mistakes

See also: Bank, Credit, Loan

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Cite This Source

overdraft

A draft for more than the balance in the account on which the draft is drawn. A bank may honor an overdraft, depending on the importance of the customer and on prior arrangements (if any) to cover overdrafts. See also NSF check.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Legal Dictionary

Main Entry: over·draft
Pronunciation: 'O-v&r-"draft
Function: noun
1 : the act or result of drawing on a bank account for more than the balance; also : the amount exceeding the balance in an overdraft
2 : a loan or credit extended on a current account esp. to established or institutional customers
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
Cite This Source
Search another word or see overdraft on Thesaurus | Reference
Assessed Overdraft Fees?
Submit your complaint about improper bank fees.
www.Bank-Overdraft.com
Strunk & Associates
Overdraft Privilege Service Program Free Overdraft Privilege Analysis
www.StrunkandAssociates.com
FacebookTwitterFollow us:
Partner Sites:
ExpediaHotelsHotwireLife123LiveDailyThe Daily BeastUrbanspoonAsk AnswersBloglinesSendori