Overdraft Meaning in English
word
释义
An overdraft is a situation where you spend more money than you have in your bank account, and the bank covers the difference up to a certain limit.
用法与细微差别
'Overdraft' is formal and mostly used in banking or financial contexts. You often see 'overdraft fee' (the bank charges), or 'overdraft limit' (the maximum amount). It does not mean 'loan' or 'credit card debt', only the specific negative balance granted by the bank for checking accounts.
例句
My account has an overdraft of $100.
basic
The bank charges a fee for using the overdraft.
basic
She asked her bank to increase her overdraft limit.
basic
I didn’t realize I’d gone into overdraft until I checked my statement.
natural
Be careful, using your overdraft can get really expensive.
natural
He lives off his overdraft at the end of every month until payday.
natural