Used mainly in banking and personal finance to describe a negative account balance. She was charged a fee after overdrawing her account.
Pro Tip 2/3
Consequences
Overdrawing often leads to fees or penalties from the bank, causing additional cost. If you overdraw your account, you might incur an overdraft fee.
Pro Tip 3/3
Avoidance Behavior
People usually overdraw by mistake and take steps to avoid it, such as monitoring their balance. He set up alerts to prevent overdrawing his account again.