overdraft
Account gone negative
An overdraft is a withdrawal from a bank account that exceeds the available balance, or the amount by which such a withdrawal exceeds the balance.
Banks may cover overdrafts as a service, charging fees for the privilege: I got hit with a $35 overdraft fee.
Overdraft protection links accounts to prevent declined transactions.
In British usage, an overdraft can also be a prearranged credit line: I'm living on my overdraft until payday.
Record of dealings
- checkingAct of verification
- balanceSteadiness or amount owed
- insufficientBelow required quantity
- fundsAvailable financial resources
transaction · withdrawal · protection · fee · charge · agreement · courtesy · automatic
Payment for service
- chargeCost or accusation
- surchargeExtra fee added
- fineAcceptable in quality
- costRequired payment amount
expense · penalty · consequence · assessment · levy · daily · recurring · waiver
Borrowed money repaid later
- creditRecognition or payment deferral
- advanceMove or progress forward
- shortfallFailure to reach quota
- deficitAmount still owed
cashflow · liquidity · indebtedness · arrears · repayment · borrower · lender · facility
Groundwater-bearing geological formation
- groundwaterWater in underground rock
- pumpingForcing flow mechanically
- wellDug water source
- depletionReduction of supply
recharge · drawdown · extraction · sustainable · abstraction
Fixed periodic payment
- ceilingRoom's upper surface
- capCovering for top
- maximumGreatest permitted quantity
- thresholdPoint of beginning
restriction · buffer · cushion · approved · authorized · unauthorized · exceeded · available
account
Record of dealings
- checkingAct of verification
- balanceSteadiness or amount owed
- insufficientBelow required quantity
funds · transaction · withdrawal · protection · fee · charge · agreement · courtesy · automatic · transfer
fee
Payment for service
cost · expense · penalty · consequence · assessment · levy · daily · recurring · waiver · refund
loan
Borrowed money repaid later
deficit · cashflow · liquidity · indebtedness · arrears · repayment · borrower · lender · facility · line
aquifer
Groundwater-bearing geological formation
- groundwaterWater in underground rock
- pumpingForcing flow mechanically
- wellDug water source
depletion · recharge · drawdown · extraction · sustainable · abstraction
allowance
Fixed periodic payment
threshold · restriction · buffer · cushion · approved · authorized · unauthorized · exceeded · available · remaining
- bankingbank, banks, ATM, ATMs, account
- debtdebt, creditor, owe, debtor, lender
- money mistakesoverspending, impulse buying, gambling debt, debt spiral, no savings
- money disputeswage dispute, billing error, credit dispute, rent dispute, tax dispute
- financesmoney, affluence, cash, bankrupt, income
- debtscredit card debt, car loan, student loan, loans, bank loan
overdraftcredit balance
Amount owed to holder
surplus · credit · money in the bank · in the black · black ink
overdraftdeposit
Place for safekeeping
credit · bank deposit · cash deposit · direct deposit · lodgment
- overdraft feePenalty for spending beyond balance
- overdraft protectionBank-funded balance backup
- bank overdraftNegative account balance
- overdraft limitMaximum permitted negative balance
overdraw, overdrawn, overdrafts, overdrafted, overdrawing, overdrafting, overdraws