overdraft Definition

overdraft

Definition

The amount by which withdrawals exceed deposits, or the extension of credit by a lending institution to allow for such a situation.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

overdraft protection - More

Related Terms on BusinessDictionary

bank overdraft
loan capital
cleanup period
revolving loan
open end credit
overdraft limit
account analysis
available credit
demand loan
financial structure

debt capital
negative cash flow
credit line
debt financing
capital structure
line of credit
bank charge
facility
cash

Popular 'Banking' Terms

negotiable
letter of credit
bank draft
bank
commercial bank

account
overdraft protection
compound interest
overdraft
lockbox

overdraft in the news

Tools

overdraft is ...

... part of the Banking and Lending & Credit subjects.

Nearby Terms

overage
overall market price coverage
overallotment
overbought
overbought/oversold indicator
overdraft
overdraft protection
overdue
overfunded pension plan
overhang
overhead

Search volume for overdraft

overdraft is mentioned in these Investment Tips

How to Get Emergency Cash

More Investment Tips

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice