Definitions of "overdraft"
  1. A scenario where an account holder withdraws excess money beyond the available balance in their bank account
  2. A practice where an additional loan or credit is given to an account holder, especially one who is a long-standing or institutional client
How to use "overdraft" in a sentence
  1. If a check is presented against an account with insufficient funds, it may lead to an overdraft.
  2. The bank provided an overdraft facility to the established company as part of their banking services.
  3. Repeated overdrafts can lead to negative financial implications and can impact the account holder's credit score.

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