单词 | overdraft |
释义 | overdraft overdraft /; AmE / (also bank overdraft) noun [C]
(Finance ) the amount of money that you owe to a bank when you have spent more money than is in your bank account; an arrangement that allows you to do this: We have a €20 million overdraft with the National Bank. There is a €50 fee for an unauthorized overdraft. We need to renegotiate our overdraft facility. Our Classic Account has an overdraft rate of 11.2%. See note at LOAN
❖ to apply for/arrange/extend/have an overdraft ◆ to pay off/run up an overdraft ◆ an overdraft facility an agreed/authorized/unauthorized overdraft |
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