overdrafting

American  

[oh-ver-draf-ting, -drahf-] / ˌoʊ vərˈdræf tɪŋ, -ˈdrɑf- /

noun

1. the removal of more water from ground and surface basins than is replaced by rain and melting snow.

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Etymology

Origin of overdrafting

over- + draft + -ing ¹

Example Sentences

According to the CFPB, 89 % of 2021’s buy now, pay later repayments were made on a debit card, which opens up the possibility for overdrafting on accounts with insufficient funds.

From Seattle Times • Dec. 14, 2022

One concern is an overdrafting of groundwater, particularly in Arizona, which legally bears the brunt of shortages on the Colorado and has many areas where groundwater pumping is not regulated.

From Salon • Oct. 19, 2022

Plus there’s the crisis of the phosphate and nitrogen cycles, overdrafting of water reservoirs, overfishing, deforestation—the list goes on and on.

From Scientific American • Jun. 30, 2022

But experts say the overdrafting of wells not only saps groundwater, it also contributes to land subsidence.

From Los Angeles Times • Jun. 15, 2022

Bank of America’s plan is the most aggressive among the biggest banks, but smaller banks have gone further: Capital One and Ally Financial eliminated fees for overdrafting last year.

From New York Times • Jan. 11, 2022