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Overdraft
Meaning
Noun
●
In Banking:
The
act
of
overdrawing
a
bank
account.
●
The amount overdrawn.
●
The
maximum
amount that may be overdrawn.
●
The
extraction
of
groundwater
from an
aquifer
beyond the
safe
yield
or
equilibrium
yield
.
●
A
series
of
flues
in a
furnace
; the current of
air
forced
through them.
Verb
●
To
extract
groundwater
from (an
aquifer
) beyond the
safe
yield
or
equilibrium
yield
.
Sourced from
Wiktionary
Origin
overdraft
English
draft
English
draught
Middle English (1100-1500)
over-
English
over-
Middle English (1100-1500)
ofer-
Old English (ca. 450-1100)
Sourced from
Etym
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