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Definition of Overdraft
1. Noun. A draft in excess of the credit balance.
Definition of Overdraft
1. n. The act of overdrawing; also, the amount or sum overdrawn.
Definition of Overdraft
1. Noun. The act of overdrawing a bank account. ¹
2. Noun. The amount overdrawn. ¹
3. Noun. The maximum amount that may be overdrawn. ¹
¹ Source: wiktionary.com
Definition of Overdraft
1. [n -S]
Lexicographical Neighbors of Overdraft
Literary usage of Overdraft
Below you will find example usage of this term as found in modern and/or classical literature:
1. Reports of Cases Determined in the Supreme Court of the State of California by Bancroft-Whitney Company, California Supreme Court, California, Supreme Court (1906)
"In an action by a bank upon a promissory note given by the defendants to secure
the bank against an overdraft by a partnership firm, a complaint alleging ..."
2. The Weekly Reporter by Great Britain. Parliament. House of Lords, Great Britain. Privy Council, Great Britain. Supreme Court of Judicature (1895)
"Before saying anything upon those words, I think it is essential to see what
arrangement for overdraft had existed, if any, prior to that date. ..."
3. The Law of Contracts by William Herbert Page (1920)
"Recovery of payment causing overdraft. If a bank pays a check which overdraws a
depositor's account, some authorities hold that the bank can not recover ..."
4. A Digest of All the Reported Decisions of the Superior Courts, from 1884 to by John Mews (1889)
"572, 605), and that, as the amount of such payments exceeded the overdraft, the
bank were not entitled to prove against the estate of the father-in-law. ..."
5. The Scots Digest of the Cases Decided in the Supreme Courts of Scotland: And by John Condie Stewart Sandeman, Scotland Courts (1905)
"A bank agent cannot set off a personal account due by him to a customer of the
bank against an overdraft, even if he himself has undertaken liability for ..."
Other Resources:
