English language

How to pronounce overdraft in English?

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Type Words
Type of bill of exchange, draft, order of payment

Examples of overdraft

overdraft
The bank also got rid of their overdraft fees for everyday debit-card purchases.
From the charlotteobserver.com
Last week, the Fed adopted strong rules limiting bank profits on overdraft fees.
From the stltoday.com
Some major banks have already taken the step to change their overdraft policies.
From the ocregister.com
Of course, the best way to cut down on overdraft fees is to not overdraw at all.
From the thestate.com
Wachovia, for instance, is discouraging employees from refunding overdraft fees.
From the usatoday.com
This increases the risk of consumers paying overdraft fees on smaller purchases.
From the forbes.com
The couple have a loan, an overdraft and outstanding debts on nine credit cards.
From the guardian.co.uk
Committee member Simon Pirret said the club could easily pay the overdraft back.
From the thisisbristol.co.uk
I generally use an overdraft as the interest rate is half that of a credit card.
From the couriermail.com.au
More examples
  • A draft in excess of the credit balance
  • An overdraft occurs when withdrawals from a bank account exceed the available balance. In this situation a person is said to be "overdrawn".
  • Overdrafting is the process of extracting groundwater beyond the safe yield or equilibrium yield of the aquifer.
  • The act of overdrawing a bank account; The amount overdrawn; The maximum amount that may be overdrawn
  • (Overdrafts) A tool to aid cashflow by a bank providing a reserve of easily accessible money to meet any shortfall in working capital. The facility is usually repayable "on demand" which means whenever the bank demands. ...
  • An agreement with your bank to spend more money than you actually have in your account. As you are borrowing money from the bank, there can be a charge for this service. You must be 18 years or over to have an overdraft. ...
  • Provision of instant credit by a lending institution.
  • N. deficit in a bank account caused by withdrawing more money than is paid in
  • A pre-arranged limit to which a person can exceed an account balance.