noun
overdraft
OH-vuhd-rahft
noun
1
The act of withdrawing more money from a bank account than it holds.
"The bank charged a fee for the overdraft."
2
The amount by which an account has been overdrawn, or the maximum allowed.
"She has a five-hundred-pound overdraft limit on her checking account."
How to Use Overdraft
Learner’s notesIn plain EnglishMoney taken out of a bank account beyond what is actually in it.
Common pairings
bank overdraft
overdraft fee
overdraft limit
Word Forms
overdrafted past tense, overdrafts plural, overdrafts singular
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Etymology
From over- + draft.