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Definition of "overdrafts" []

  • A draft or withdrawal of money in excess of the credit balance on a bank or building-society cheque account (noun)
  • The amount of money drawn or withdrawn thus (noun)
  • Plural form of overdraft. (noun)

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Use "overdrafts" in a sentence
  • "You authorize Us to debit unpaid fees and overdrafts from the Card account or initiate a draw on a Funding Account as applicable."
  • "It may be there's a lot of history you've left out, and the overdrafts are a legitimate last straw."
  • "Rather, the overdrafts are a courtesy -- even though banks will honor virtually all your overdrafts up to a preset limit."