overdraft

🇺🇸 /ˈəʊvərdræft/ 🇬🇧 /ˈəʊvədrɑːft/
Frequency
Difficulty
Tags CEFR-C1
noun
R

Money you owe the bank when you spend more than you have in your account, or permission to do this.

I used my overdraft to pay for the car repair when my account balance was low.

translation

n. Money you owe the bank when you spend more than you have in your account, or permission to do this.

Word Forms

Plural overdrafts