overdraft

Definitions

  • WordNet 3.6
    • n overdraft a draft in excess of the credit balance
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Webster's Revised Unabridged Dictionary
    • n Overdraft (Banking) The act of overdrawing; a draft in excess of the credit balance; also, the amount or sum overdrawn.
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Century Dictionary and Cyclopedia
    • n overdraft In furnaces of steam-boilers, and generally in domestic furnaces and stoves, a draft of air admitted over, and not passing through, the ignited fuel.
    • n overdraft In kilns for bricks and tiles, a form of construction whereby the kiln is heated from the top toward the bottom. After a preliminary heating of the kiln, the stopping of upper and opening of lower chimney-connections compel the products of combustion first to ascend exterior flues, and then to pass over and down through the contents of the kiln, and to escape through lower chimney-connections. The overdraft consists of exterior flues leading from the furnace, extending upward to a chamber or chambers, or flues, over the contents of the kiln, and there connected with the chimney-flue, and also of other flues connecting the bottom of the kiln with the bottom of the chimney-flue or -flues. The term overdraft is also applied to the circulation, as described above, of the heated products of combustion; and a kiln thus constructed is called an overdraft-kiln.
    • n overdraft The amount by which a draft exceeds the sum against which it is drawn; a draft against a balance greater than the balance itself.
    • n overdraft The act of overdrawing one's account, especially one's bank-account.
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Chambers's Twentieth Century Dictionary
    • n Overdraft the act of overdrawing, the amount by which the cheque, &c., exceeds the sum against which it is drawn: a current of air passing over, not through, the ignited fuel in a furnace: an arrangement of flues by which the kiln is heated from the top toward the bottom—also O′verdraught
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Quotations

  • Barry Fantoni
    Barry Fantoni
    “Of course I'm doing something about my overdraft: I'm seeing my accountant.”

Usage

In literature:

She says she'll have to ask for an overdraft as it is.
"Night and Day" by Virginia Woolf
I ask you to allow me to deposit them here for seven days as security against an overdraft.
"Havoc" by E. Philips Oppenheim
The window-dresser was lost again in the bank manager who has arranged a profitable overdraft.
"Tales of Chinatown" by Sax Rohmer
He is getting a bit bald, he has had one or two tussles with his bank about accidental overdrafts.
"Tutt and Mr. Tutt" by Arthur Train
But it will take time and the bank overdrafts are urgent.
"Lady Connie" by Mrs. Humphry Ward
Nature won't stand for overdrafts any more than your bank.
"Keeping Fit All the Way" by Walter Camp
A suspicion of an overdraft always swept through them.
"Punch, or The London Charivari, Vol. 152, February 21st, 1917" by Various
In the creating of overdrafts and the raising of loans very large sums indeed were handled.
"The Transvaal from Within" by J. P. Fitzpatrick
That farm's been cursed with overdrafts, and overdrafts in any business are bad.
"Otherwise Phyllis" by Meredith Nicholson
At home he used the words "overdraft" and "overdrawn" in confessing the situation.
"A Forest Hearth: A Romance of Indiana in the Thirties" by Charles Major
The law has at least stopped the overdraft, but we still lack the $500.
"The Idyl of Twin Fires" by Walter Prichard Eaton
Then I can lift the notes, square my overdraft, and meet the mortgage payments.
"The Boss of Wind River" by A. M. Chisholm
Do you ever allow overdrafts, as they do in Scotland?
"Readings in Money and Banking" by Chester Arthur Phillips
To begin with, you certainly want money, or at least an overdraft and plenty of credit.
"The Law and the Poor" by Edward Abbott Parry
A heavy overdraft there is the ugliest part of the matter.
"Salome" by Emma Marshall
But there is a lot on overdraft.
"Ovington's Bank" by Stanley J. Weyman
And of course these little overdrafts are always met when they're due.
"The White Blackbird" by Hudson Douglas
We are saved; the overdraft will be paid off, and we are in smooth water again.
"The Marriage of Esther" by Guy Boothby
One cannot suppose the others would pass over his overdrafts if they did not get something for themselves.
"A Rich Man's Relatives (Vol. 2 of 3)" by Robert Cleland
In allowing overdrafts he seldom made mistakes, while his courtesy had brought the bank a considerably increased business.
"The Lady in the Car" by William Le Queux
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In news:

The government's consumer protection agency plans to take a closer look at expensive overdraft fees.
Government Consumer Watchdog Takes Aim at Bank Overdraft Fees.
ATM, Checking And Overdraft Fees Rise In 2012.
Overdrafts have been around for long enough for most financially literate people to know that they're a total rip-off.
Posts Tagged ' overdraft fees.
Overdraft fees up 35% in two years.
Denver has nation's highest ATM, overdraft fees.
That can maximize the number of overdrafts .
If you do not opt in to overdrafts , then ATM and debit card purchases may be rejected.
Chase also has reduced the maximum number of overdrafts that could be charged in one day from six to three.
PNC Reaches $90 Million Deal to Exit Overdraft MDL.
The households hit hardest by overdrafts pay an average of $1,374 a year in fees, estimates G. Credit unions that automatically cover consumers' overdrafts tend to earn significantly more fee income than those that don't.
The results of the probe will inform the CFPB's policy on overdraft programs.
"It's a lack of attention to detail," McBride said, when it comes to overdrafts .
Overdrafts return to the spotlight.
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