overdraft
noun
over·draft
ˈō-vər-ˌdraft 
1
: an act of overdrawing at a bank : the state of being overdrawn
also
: the sum overdrawn
2
Examples of overdraft in a Sentence
Recent Examples on the Web
No-fee overdraft protection No-fee Overdraft Coverage up to $50 for SoFi members with $1,000 or more in total monthly direct deposits.
—
Andreina Rodriguez, CNBC, 17 Sep. 2025
The 12 federal reservoirs storing water in the basin had started the 21st century nearly full, the report said, but a quarter-century of overdrafts have left them just 40% full as the Southwest experiences a historic drought.
—Debra Utacia Krol, AZCentral.com, 12 Sep. 2025
But the typical American’s overdraft bill (about $118 a year as of 2014, the last time it was thoroughly studied) is far less than the average annual credit-card interest payment (which clocks in at $1,657).
—Michael Waters, The Atlantic, 9 Sep. 2025
Overspending can lead to overdraft fees, required loans to compensate for the deficit, and possible ongoing financial hurdles.
—Mary Luquette, USA Today, 9 Sep. 2025
See All Example Sentences for overdraft
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Andreina Rodriguez, CNBC, 17 Sep. 2025
The 12 federal reservoirs storing water in the basin had started the 21st century nearly full, the report said, but a quarter-century of overdrafts have left them just 40% full as the Southwest experiences a historic drought.
—Debra Utacia Krol, AZCentral.com, 12 Sep. 2025
But the typical American’s overdraft bill (about $118 a year as of 2014, the last time it was thoroughly studied) is far less than the average annual credit-card interest payment (which clocks in at $1,657).
—Michael Waters, The Atlantic, 9 Sep. 2025
Overspending can lead to overdraft fees, required loans to compensate for the deficit, and possible ongoing financial hurdles.
—Mary Luquette, USA Today, 9 Sep. 2025
See All Example Sentences for overdraft
Cite this Entry
“Overdraft.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/overdraft. Accessed 17 Oct. 2025.
Copy CitationKids Definition
overdraft
noun
over·draft
ˈō-vər-ˌdraft
: an overdrawing of a bank account or the amount overdrawn
Legal Definition
overdraft
noun
over·draft
ˈō-vər-ˌdraft
1
: the act or result of drawing on a bank account for more than the balance
also
: the amount exceeding the balance in an overdraft
2
: a loan or credit extended on a current account especially to established or institutional customers
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