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overdraft

[oh-ver-draft, -drahft]
See more synonyms for overdraft on Thesaurus.com
noun
  1. an act or instance of overdrawing a checking account.
  2. a check overdrawn on a checking account.
  3. the amount overdrawn.
  4. an excessive drawing on or drawing off of something.
  5. a draft made to pass over a fire, as in a furnace.
  6. a draft passing downward through a kiln.
  7. Metalworking. a tendency of a rolled piece to curve upward after passing through a stand, occurring when the lower roll is faster than the upper.
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Compare underdraft.

Origin of overdraft

First recorded in 1875–80; over- + draft
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Related Words for overdraft

loss, liquidation, disaster, insolvency, default, failure, ruination, privation, nonpayment, destitution, ruin, lack, indigence, indebtedness, repudiation, exhaustion, defalcation, pauperism, overdraft, forgery

Examples from the Web for overdraft

Contemporary Examples of overdraft

Historical Examples of overdraft

  • The Prince has had an overdraft; you will give me a statement; that's all!

  • We are saved; the overdraft will be paid off, and we are in smooth water again.

  • The law has at least stopped the overdraft, but we still lack the $500.

    The Idyl of Twin Fires

    Walter Prichard Eaton

  • No money was drawn out of the bank by Cowperwood & Co. after that to create an overdraft.

    The Financier

    Theodore Dreiser

  • Suppose it were a check on an overdrawn account; would Providence intervene to prevent an overdraft?

    The Main Chance

    Meredith Nicholson


British Dictionary definitions for overdraft

overdraft

noun
  1. a draft or withdrawal of money in excess of the credit balance on a bank or building-society cheque account
  2. the amount of money drawn or withdrawn thus
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Word Origin and History for overdraft

n.

1878, in the banking sense, from over- + draft (n.).

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Online Etymology Dictionary, © 2010 Douglas Harper

overdraft in Culture

overdraft

The amount by which a check exceeds the funds on deposit to cover it.

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.