Overdraft


 

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Overdraft

A facility (usually at a bank or other financial institution) enabling an account holder to borrow up to an agreed amount and often for an agreed time.

Overdraft

Provision of instant credit by a lending institution.



Overdraft

Similar Matches

Overdraft facility

Overdraft facility

This is a facility on the Bank Account which allows customers to borrow up to a pre determined limit. This limit must be agreed in advance and is subject to status.


Overdraft checking account

Overdraft checking account

A checking account associated with a line of credit that allows a person to write checks for more that the actual balance in the account, with a finance charge on the overdraft.




 
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