The meaning of OVERDRAW is to draw checks on (a bank account) for more than the balance. How to use overdraw in a sentence.
Experts remind people that when they go into overdraft theyare getting into debt. It should be used for short-term borrowing or emergencies only, they add. However, many customers end up treating their arranged overdraft as their spending limit instead of a last resort. An arranged overdraft sho...
The meaning of OVERDRAW is to draw checks on (a bank account) for more than the balance. How to use overdraw in a sentence.
Definition of Overdraft OverdraftOverdraft O"ver*draft`, n. (Banking) The act of overdrawing; also, the amount or sum overdrawn. Meaning of Overdraft from wikipedia - An overdraft occurs when something is withdrawn in excess of what is in a current account. For financial systems, this can ...
Related to overdraft:Overdraft Facility A check that is drawn on an account containing less money than the amount stated on the check. The termoverdraftis also used in reference to the condition that exists whenvouchersor purchase orders are drawn in amounts exceeding the amount that has been ...
An overdraft lets you borrow extra money through your current account. For example, if you have no money left in your account and you spend £30, your balance would be -£30. This means you’re using an overdraft. An overdraft is a form of debt and is repayable on demand. Always ...
An overdraft is a short-term line of credit granted by a bank when checks presented against an account exceed the cash available in the account.
Overdraft The term 'Overdraft' as it applies to the area of reclamation can be defined as ' The pumping of water from a ground water basin or aquifer in excess of the supply flowing into the basin. This pumping results in a depletion or 'mining' of the ground water in the basin'. ...
overdraft noun /ˈəʊvədrɑːft/ /ˈəʊvərdræft/ the amount of money that you owe to a bank when you have spent more money than is in your bank account; an arrangement that allows you to do this She had run up an overdraft of £3 000. to pay off/...
Universal basic income全民基本收入:is an unconditional cash payment to reduce poverty. Inheritance tax遗产税:is a tax placed on the value of an inheritance. e.g, property. Capital gains tax资本利得税:is a tax placed on increase in ...