overdraft
verb
- draft an excess of the credit balance
noun
- occurs when money is withdrawn from a bank account and the available balance goes below zero
Wiktionary
Pronunciation: /ˈəʊvədɹɑːft/ / /ˈoʊvɚdɹæft/
noun
Etymology: Etymology tree Proto-Indo-European *úp Proto-Indo-European *-er Proto-Indo-European *upér Proto-Germanic *uber Old English ofer- Middle English over- English over- English draft English overdraft From over- + draft.
- The act of overdrawing a bank account.
- The amount overdrawn.
“I have an overdraft of £1234.”
- The maximum amount that may be overdrawn.
“The bank have given me an overdraft of $2000.”
- The extraction of groundwater from an aquifer beyond the safe yield or equilibrium yield.
- A series of flues in a furnace; the current of air forced through them.
verb
Etymology: Etymology tree Proto-Indo-European *úp Proto-Indo-European *-er Proto-Indo-European *upér Proto-Germanic *uber Old English ofer- Middle English over- English over- English draft English overdraft From over- + draft.
- To extract groundwater from (an aquifer) beyond the safe yield or equilibrium yield.