The amount by which withdrawals exceed deposits, or the extension of credit by a lending institution to allow for such a situation.
Related information about overdraft:
- Overdraft - Wikipedia, the free encyclopedia
An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero. In this situation the account is said to be ...
- FRB: Consumer Information: What you Need to Know: Overdraft
Jun 22, 2010 ... An overdraft occurs when you make a purchase or ATM transaction but don't have enough money in your account to pay for it. For a fee, your ...
- Overdraft Fees and Protection Answers from the OCC
Select from the following questions about overdrafts, overdraft fees, and overdraft protection.
- overdraft - definition of overdraft by the Free Online Dictionary ...
a. The act of overdrawing a bank account. b. Abbr. OD or o/d The amount overdrawn. c. The maximum amount of credit extended to a customer.
- Overdraft Definition | Investopedia
An overdraft allows the individual to continue withdrawing money even if the account has no funds in it. Basically the bank allows people to borrow a set amount ...
- Overdraft
An overview of overdraft abuses. When debit cards are automatically approved, your checking account can incur high overdraft bank fees.
- Overdraft Protection Frequently Asked Questions from Bank of America
Get quick answers to your frequently asked questions about overdraft protection.
- OVERDRAFT - YouTube
Aug 27, 2012 ... "Overdraft" - a public television documentary sponsored by the Travelers Institute that presents a compelling explanation of America's federal ...