Cool MateMeaning of Overdraft
An agreement allowing a bank account holder to withdraw more money than is available.
In simple words: A negative balance in a bank account.
Overdraft in a sentence
- I had to pay a fee because I went into my overdraft.
- Her account is in overdraft after the unexpected expenses.
- You can apply for an overdraft facility with your bank.
- The bank notified me that my account is about to enter overdraft.
- He usually maintains a small overdraft for emergencies.
How to use Overdraft
Use in banking and financial contexts. It's formal when discussing finances but can be used neutrally in conversation.
Grammar pattern
make + overdraft
Memory hint
Think 'over' + 'draft' - imagine writing a draft that goes over the limit!
Related words
Collocations with Overdraft
- bank overdraft
- overdraft limit
- overdraft fees
- monthly overdraft
- overdraft protection
Synonyms for Overdraft
- negative balance
- bank overdraft
- withdrawal limit
- deficit
Common mistakes with Overdraft
- Confusing with 'overdraw', which is the action of going into an overdraft.
- Using 'overdrafts' in singular contexts, while referring to multiple accounts.
- Not recognizing it can be both a noun and a verb in different contexts.
Overdraft appears in
Overdraft in other languages
- Arabicالعربية
سحب على المكشوف
رصيد سالب في الحساب البنكي.
- Bengaliবাংলা
ওভারড্রাফট
ব্যাংক অ্যাকাউন্টে ঋণাত্মক ব্যালেন্স।
- GermanDeutsch
Dispokredit
Ein negativer Kontostand.
- SpanishEspañol
Sobregiro
Un saldo negativo en una cuenta bancaria.
- Persianفارسی
اعتبار منفی
موجودی منفی در حساب بانکی.
- FrenchFrançais
Découvert bancaire
Un solde négatif sur un compte bancaire.
- Hindiहिन्दी
ओवरड्राफ्ट
बैंक खाते में नकारात्मक शेष।
- ItalianItaliano
Scoperto
Un saldo negativo su un conto bancario.
- PortuguesePortuguês
Cheque especial
Um saldo negativo numa conta bancária.
- RussianРусский
Овердрафт
Отрицательный баланс на банковском счете.
- Urduاردو
Overdraft
بینک اکاؤنٹ میں منفی بیلنس۔
- Chinese中文
透支
银行账户里的负余额。
More s like Overdraft
- Deficit
- MatureC1
Fully developed, grown, or advanced in character or behavior.
- BondB2
something that forms a connection between people or groups, such as a feeling of friendship or shared ideas and experiences
- EquityB1
The quality of being fair and impartial.
- LeverageB1
To use something to achieve maximum advantage or benefit.
- MarginB2
the empty space at the side of a written or printed page
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Frequently asked questions about Overdraft
What does Overdraft mean?
A negative balance in a bank account.
What is the definition of Overdraft?
An agreement allowing a bank account holder to withdraw more money than is available.
How do you use Overdraft in a sentence?
I had to pay a fee because I went into my overdraft.
Can you give another example of Overdraft?
Her account is in overdraft after the unexpected expenses.
What are synonyms for Overdraft?
Common alternatives include negative balance, bank overdraft, withdrawal limit, deficit.
What words go with Overdraft?
It commonly pairs with bank overdraft, overdraft limit, overdraft fees, monthly overdraft, overdraft protection.
What are common mistakes when using Overdraft?
Confusing with 'overdraw', which is the action of going into an overdraft. Using 'overdrafts' in singular contexts, while referring to multiple accounts. Not recognizing it can be both a noun and a verb in different contexts.
How do you pronounce Overdraft?
US: //ˈoʊvərdræft//, UK: //ˈəʊvədrɑːft//. Listen to the audio above to hear native pronunciation.
When should I use Overdraft?
Use in banking and financial contexts. It's formal when discussing finances but can be used neutrally in conversation.