overdraft

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Related to Bounce protection: Overdraft protection

overdraft

[′ō·vər‚draft]
(metallurgy)
Upward curving of a piece of metal after leaving the rolls during forming, due to higher speed of the lower roll.
References in periodicals archive ?
Account holders can often opt out of the bounce protection feature by contacting staff at the financial institution.
To what extent is bounce protection a benefit to customers?
The banking industry claims that bounce protection a) eliminates the aggravation and embarrassment of a returned check by a retailer; b) saves the cost of additional charges from some retailers for returned checks; and c) adds convenience and flexibility in managing funds.
Some vendors who market bounce protection to banks claim it can increase a bank's fee income by as much as 300 percent.