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overdraft
(redirected from overdrawing)

    Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
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.
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You will be charged pounds 1 a day up to pounds 2500 of debt, pounds 2 for larger balances and pounds 5 for overdrawing any amount without prior agreement.
RECORD money: SHOCKING CURRENTS; Don't put up with awful interest ... by Daily Record (Glasgow, Scotland)
To assist consumers in understanding the financial effect of overdrawing their accounts, the final rule requires institutions that promote the payment of overdrafts in an advertisement to disclose on periodic statements the total dollar amount imposed for overdraft fees and the total dollar amount imposed for returned-item fees, both for the statement period and for the calendar year to date.
Final amendments to Regulation DD by Federal Reserve Bulletin
 
 
 
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