Definition of Overdraft
to withdraw more money from a bank account than what is actually inside
Examples of Overdraft in a sentence
If the four hundred dollar check is cashed, the withdraw will overdraft the already empty account.
Overdraft protection allows the credit union member to take a 100 dollars more out of her account than what the balance shows.
Because of overdraft fees assessed when Taylor removed too much money from the bank, the account is now in the negative.
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