Overdraft is the amount of money withdrawn from a bank account that is greater than the amount deposited. So if you deposit $4,500, but you withdraw $5,000, you have an overdraft of $500.
Tags: bank accounts, overdraft
Overdraft is the amount of money withdrawn from a bank account that is greater than the amount deposited. So if you deposit $4,500, but you withdraw $5,000, you have an overdraft of $500.
Tags: bank accounts, overdraft