OVERDRAFT

overdraft

(noun) a draft in excess of the credit balance

Source: WordNet® 3.1

Etymology

Noun

overdraft (countable and uncountable, plural overdrafts)

(uncountable) The act of overdrawing a bank account.

(countable) The amount overdrawn.

(countable) The maximum amount that may be overdrawn.

The extraction of groundwater from an aquifer beyond the safe yield or equilibrium yield.

A series of flues in a furnace; the current of air forced through them.

Verb

overdraft (third-person singular simple present overdrafts, present participle overdrafting, simple past and past participle overdrafted)

(transitive) To extract groundwater from (an aquifer) beyond the safe yield or equilibrium yield.

Source: Wiktionary

O"ver*draft`, n. (Banking)

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

Source: Webster’s Unabridged Dictionary 1913 Edition

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