overdraft (Meaning)

Wordnet

overdraft (n)

a draft in excess of the credit balance

Webster

overdraft (n.)

The act of overdrawing; also, the amount or sum overdrawn.

Synonyms & Antonyms of overdraft

No Synonyms and anytonyms found

overdraft Sentence Examples

  1. My bank account incurred an overdraft due to unexpected expenses.
  2. The overdraft fee on my credit card ate into my savings.
  3. I applied for an overdraft facility to avoid potential financial setbacks.
  4. The overdraft protection plan linked to my checking account provided peace of mind.
  5. I was charged a hefty fee for exceeding my overdraft limit.
  6. I'm working diligently to reduce my overdraft and become financially stable.
  7. The bank declined my overdraft request due to insufficient credit history.
  8. I negotiated lower overdraft fees with my financial institution.
  9. Checking my account balance regularly helps me avoid overdrafts.
  10. I set up an automatic payment to prevent future overdrafts from occurring.

FAQs About the word overdraft

a draft in excess of the credit balanceThe act of overdrawing; also, the amount or sum overdrawn.

No synonyms found.

No antonyms found.

My bank account incurred an overdraft due to unexpected expenses.

The overdraft fee on my credit card ate into my savings.

I applied for an overdraft facility to avoid potential financial setbacks.

The overdraft protection plan linked to my checking account provided peace of mind.