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| o·ver·draft [ ṓvər dràft ] (plural o·ver·drafts) |
noun |
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| Definition: |
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1. amount owed to bank: the amount that an account holder owes a bank because he or she has withdrawn or debited from the account more than has been credited to it
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2. borrowing limit: a limit up to which an account holder may borrow from a bank when there are no funds in his or her checking account
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3. air current over fire: a current of air passed over a fire, e.g. in a furnace or kiln
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