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Overdraft   /ˈoʊvərdrˌæft/   Listen
Overdraft

noun
1.
A draft in excess of the credit balance.



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WordNet 3.0 © 2010 Princeton University








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"Overdraft" Quotes from Famous Books



... Community financial assistance to the Member State concerned. Where the severe difficulties are caused by natural disasters, the Council shall act by qualified majority. The President of the Council shall inform the European Parliament of the decision taken. ARTICLE 104 1. Overdraft facilities or any other type of credit facility with the ECB or with the central banks of the Member States (hereinafter referred to as "national central banks") in favour of Community institutions or bodies, ...
— The Treaty of the European Union, Maastricht Treaty, 7th February, 1992 • European Union

... most unexpectedly died of apoplexy during September, after three days' illness. His heir would have nothing to say to the guarantee, and the bank was pressing for repayment, in terms made all the harsher by the existence of an overdraft, which the local manager knew in his financial conscience ought not to have been allowed. His letters were now so many sword-thrusts; and post-time ...
— Lady Connie • Mrs. Humphry Ward

... professional eclat is, that I never let any of my social friends forget that I was a lawyer as well as a good fellow; and I always threw a hearty bluff at being prosperous, even when a thousand or two was needed to cover the overdraft in my bank account. It took me about ten years to land myself firmly among the class to which I aspired, and ten years more to make ...
— The "Goldfish" • Arthur Train



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