overdraftnoun [ C ]
uk/ˈəʊ.və.drɑːft/us/ˈoʊ.vɚ.dræft/C1 an amount of money that a customer with a bank account is temporarily allowed to owe to the bank, or the agreement that allows this:
to run up/pay off an overdraft
UK The bank offers overdraft facilities.
Thesaurus: synonyms and related words
Borrowing & lending
- be in the hole idiom
- borrow
- bounce
- call it quits idiom
- call sth in
- credit
- credit risk
- debenture
- fire sale
- gearing
- leveraged buyout
- liability
- liquidate
- national debt
- overpay
- pay
- put sth up
- slate
- term
- tick
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You can also find related words, phrases, and synonyms in the topics:
Banks