overdraw

verb
over·​draw | \ ˌō-vər-ˈdrȯ How to pronounce overdraw (audio) \
overdrew\ ˌō-​vər-​ˈdrü How to pronounce overdrew (audio) \; overdrawn\ ˌō-​vər-​ˈdrȯn How to pronounce overdrawn (audio) \; overdrawing

Definition of overdraw

transitive verb

1 : to draw checks on (a bank account) for more than the balance the account was overdrawn

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Synonyms & Antonyms for overdraw

Synonyms

Antonyms

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Examples of overdraw in a Sentence

She overdrew her account by $100. commentators have overdrawn the dangers of the sport in order to make it appear more exciting
Recent Examples on the Web And yet, that’s the average fee the country’s largest banks charge customers who overdraw their accounts, according to a NerdWallet study. Margarette Burnette, chicagotribune.com, "Overdraft fees steeper at banks than credit unions," 10 Oct. 2019 During a weekend ski trip with a lobbyist, his personal bank account had a negative balance and he had been hit with $33 fees six times for overdrawing the account, prosecutors said. Washington Post, "Feds: Rep. Duncan Hunter paid for affairs with campaign cash," 25 June 2019 Those receiving financial education were also less likely to overdraw their checking accounts and more likely to save. Julie Heath, Cincinnati.com, "Region's Economy: The state of Ohio's financial capability," 2 July 2019 This week, Reuters reported that both Albemarle and SQM have accused each other of overdrawing brine from the Atacama's underground aquifers. Megan Geuss, Ars Technica, "Lithium giants feud over competition, brine in Chile’s Atacama Desert," 21 Oct. 2018 In several filings, Albemarle requested that the Chilean government follow up on a 2016 study that found that SQM had overdrawn from the brine reserve between 2013 and 2015. Megan Geuss, Ars Technica, "Lithium giants feud over competition, brine in Chile’s Atacama Desert," 21 Oct. 2018 Consumers with an average balance of at least $400 who haven’t overdrawn in the prior three months would likely get a boost, FICO said. Annamaria Andriotis, WSJ, "FICO Plans Big Shift in Credit-Score Calculations, Potentially Boosting Millions of Borrowers," 21 Oct. 2018 The Finn by Chase app, however, doesn't allow customers to overdraw, which helps them avoid costly overdraft fees. Adam Shell, USA TODAY, "Chase all-mobile bank, Finn, rolled out nationwide in search of Millennials," 28 June 2018 Authorities have said Taylor Bean overdrew its account at Colonial for years to cover its own cash shortfalls. Michael Rapoport, WSJ, "Judge Rules PricewaterhouseCoopers Must Pay $625.3 Million in Damages," 3 July 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'overdraw.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of overdraw

1710, in the meaning defined at transitive sense 1

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Statistics for overdraw

Last Updated

13 Nov 2019

Time Traveler for overdraw

The first known use of overdraw was in 1710

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More Definitions for overdraw

overdraw

verb
How to pronounce overdraw (audio)

English Language Learners Definition of overdraw

: to withdraw more money from (an account) than is available

overdraw

verb
over·​draw | \ ˌō-vər-ˈdrȯ How to pronounce overdraw (audio) \
overdrew\ -​ˈdrü How to pronounce overdrew (audio) \; overdrawn\ -​ˈdrȯn How to pronounce overdrawn (audio) \; overdrawing

Legal Definition of overdraw

transitive verb

: to draw checks on (a bank account) for more than the balance

intransitive verb

: to make an overdraft

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Comments on overdraw

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