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Definitions

overdraft

[oh-ver-draft, -drahft] / ˈoʊ vərˌdræft, -ˌdrɑft /




Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The mysterious addressee was then sent seven letters, a bank card, a PIN, overdraft limit warnings and a warning that an outstanding debt could be referred to a credit reference agency.

From BBC

He noted that consumers have not been deterred by other banking scandals, including the $3.7 billion penalty Wells Fargo was ordered to pay in December over its mismanagement of loans and overdraft fees.

From Washington Post

Even ahead of this decision, the average annual interest rate in January was 20.85% on bank overdrafts and 19.9% on credit cards.

From BBC

Researchers warn that even if California succeeds with more recharging, it won’t provide nearly enough water to eliminate the severe deficit in areas where aquifers are in overdraft.

From Los Angeles Times

The banking and payday-lending industries profit from the financial exploitation of the poor, but so do those of us with free checking accounts, as those accounts are subsidized by billions of dollars in overdraft fees.

From New York Times