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overdraft protection
o·ver·draft pro·tec·tion


noun 
Definition:
 
arrangement to cover overdraft: an arrangement with a bank to write cheques for more than there is in the account, up to an agreed limit, without the cheques being returned unpaid
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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