Overdraft
noun
When you spend more money than you have in your bank account.
He was charged a fee for going into his overdraft.
Often appears as...
- bank overdraft
- unauthorized overdraft
noun
A banking service that lets you spend more money than you have in your account.
She applied for an overdraft from her bank to help with her startup costs.
Often appears as...
- apply for an overdraft
- overdraft limit
noun
The amount of money that one owes to the bank when having spent more than one has in their account.
He had to pay off an overdraft of two thousand dollars.
Often appears as...
- pay off an overdraft
- overdraft amount
noun
When you spend more money than you have in your bank account.
He was charged a fee for going into his overdraft.
Often appears as...
- bank overdraft
- unauthorized overdraft
noun
A banking service that lets you spend more money than you have in your account.
She applied for an overdraft from her bank to help with her startup costs.
Often appears as...
- apply for an overdraft
- overdraft limit
noun
The amount of money that one owes to the bank when having spent more than one has in their account.
He had to pay off an overdraft of two thousand dollars.
Often appears as...
- pay off an overdraft
- overdraft amount
Definition 1 of 3
Pro Tip 1/3Negative Balance
An overdraft indicates your account balance is negative; the bank covered the excess.
I accidentally caused a negative balance; now I have an overdraft to settle.
Pro Tip 2/3Additional Fees
Banks often charge fees for overdrafts, which can increase the amount you owe.
Due to my overdraft, the bank added a $35 fee to my account.
Pro Tip 3/3Accidental Overdraft
Sometimes overdrafts happen by accident, if you're unaware of your account balance.
I bought coffee and accidentally went into overdraft because I thought I had more money.
Pro Tip 1/3Negative Balance
An overdraft indicates your account balance is negative; the bank covered the excess.
I accidentally caused a negative balance; now I have an overdraft to settle.
Pro Tip 2/3Additional Fees
Banks often charge fees for overdrafts, which can increase the amount you owe.
Due to my overdraft, the bank added a $35 fee to my account.
Pro Tip 3/3Accidental Overdraft
Sometimes overdrafts happen by accident, if you're unaware of your account balance.
I bought coffee and accidentally went into overdraft because I thought I had more money.
Pro Tip 1/3Negative Balance
An overdraft indicates your account balance is negative; the bank covered the excess.
I accidentally caused a negative balance; now I have an overdraft to settle.
Pro Tip 2/3Additional Fees
Banks often charge fees for overdrafts, which can increase the amount you owe.
Due to my overdraft, the bank added a $35 fee to my account.
Pro Tip 3/3Accidental Overdraft
Sometimes overdrafts happen by accident, if you're unaware of your account balance.
I bought coffee and accidentally went into overdraft because I thought I had more money.
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Video examples
The laws that sex...
when I was working two dead-end, minimum-wage jobs. Every month my wages would just replenish my overdraft. I was exhausted and my life was going nowhere. Like many others before me, I decided sex for money was a better option. Now don't get me wrong --
Video examples
The laws that sex...
when I was working two dead-end, minimum-wage jobs. Every month my wages would just replenish my overdraft. I was exhausted and my life was going nowhere. Like many others before me, I decided sex for money was a better option. Now don't get me wrong --
Example 1 of 1
Quote examples
Jonathan Raymond
American Writer
Banks will fee you to death. If you bounce a check, the bank has a policy to re-post the check three more times to see if it will be paid. If it continues to bounce they charge a $30 overdraft every time. So, one bounced check will rack up $90 for the bank.
Quote examples
Matthew Desmond
American Sociologist
Payday loans are but one of many financial techniques - from overdraft fees to student loans subsidizing for-profit colleges - specifically designed to pull money from the pockets of the poor. This problem generally goes unrecognized by policy makers.
Quote examples
Darcey Bussell
English Dancer
I've always been quite conscious of it, though I don't know why. I would never overspend, and I have to know exactly what I've got so that I avoid going into overdraft. I watch my pennies, and I'm quite thrifty.
Quote examples
Taavet Hinrikus
Estonian
There are so many instances in banking where 'free' simply doesn't mean free, whether it's opaque overdraft charges or credit card providers that are quietly raising interest rates without customers noticing.
Quote examples
Elizabeth Warren
American Public Servant
Consumers get used to reading and understanding their credit card contracts, their mortgages, their check overdraft agreements, those are good things. That puts power back in the hands of consumers.
Quote examples
Antoni Porowski
Canadian Actor
When I was studying at the Neighborhood Playhouse, I would overdraft my bank account and not have enough money to buy groceries. But I also discovered how to cook with very limited resources.
Quote examples
Jilly Cooper
British Author
The bank told us we ought to sell this house to pay off our overdraft. Riders saved the day. I was so pleased when it got to number one, I went all around the fields crying and crying.
Quote examples
Janine di Giovanni
American Journalist
No one lives on credit in France because banks don't allow overdrafts and zero percent credit cards do not exist.
Quote examples
Carolyn Maloney
American Politician
If you ask around, it's pretty easy to find someone who has a bank account overdraft horror story to tell.
Quote examples
Jonathan Raymond
American Writer
Banks will fee you to death. If you bounce a check, the bank has a policy to re-post the check three more times to see if it will be paid. If it continues to bounce they charge a $30 overdraft every time. So, one bounced check will rack up $90 for the bank.
Quote examples
Matthew Desmond
American Sociologist
Payday loans are but one of many financial techniques - from overdraft fees to student loans subsidizing for-profit colleges - specifically designed to pull money from the pockets of the poor. This problem generally goes unrecognized by policy makers.
Quote examples
Darcey Bussell
English Dancer
I've always been quite conscious of it, though I don't know why. I would never overspend, and I have to know exactly what I've got so that I avoid going into overdraft. I watch my pennies, and I'm quite thrifty.
Quote examples
Taavet Hinrikus
Estonian
There are so many instances in banking where 'free' simply doesn't mean free, whether it's opaque overdraft charges or credit card providers that are quietly raising interest rates without customers noticing.
Quote examples
Elizabeth Warren
American Public Servant
Consumers get used to reading and understanding their credit card contracts, their mortgages, their check overdraft agreements, those are good things. That puts power back in the hands of consumers.
Quote examples
Antoni Porowski
Canadian Actor
When I was studying at the Neighborhood Playhouse, I would overdraft my bank account and not have enough money to buy groceries. But I also discovered how to cook with very limited resources.
Quote examples
Jilly Cooper
British Author
The bank told us we ought to sell this house to pay off our overdraft. Riders saved the day. I was so pleased when it got to number one, I went all around the fields crying and crying.
Quote examples
Janine di Giovanni
American Journalist
No one lives on credit in France because banks don't allow overdrafts and zero percent credit cards do not exist.
Quote examples
Carolyn Maloney
American Politician
If you ask around, it's pretty easy to find someone who has a bank account overdraft horror story to tell.
Example 1 of 9
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