Definition from Wiktionary, the free dictionary
- (Received Pronunciation) IPA(key): /ˈəʊvədrɑːft/
- (US) enPR: ō'vərdrăft, IPA(key): /ˈoʊvɚdræft/
- Homophone: overdraught
- (uncountable) The act of overdrawing a bank account.
- (countable) The amount overdrawn.
- I have an overdraft of £1234.
- (countable) The maximum amount that may be overdrawn.
- The bank have given me an overdraft of $2000.
act of overdrawing a bank account
maximum amount that may be overdrawn