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# overdraft

noun (an overdraft, overdrafts)

«overdraft» in the English dictionary: everyday — its meanings, how the lessons use it, and examples, each with its tree on Mova.

## Everyday

1. (money) An overdraft is when a bank lets you take out more money from your account than you have in it, so you owe the bank money. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/O/overdraft/#m1)
2. (money) An overdraft is the amount of money owed in this way. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/O/overdraft/#m2)

### In the lessons

A word of adult life and money: parents may talk about being «in their overdraft» or «overdrawn» at the end of the month; banks charge fees or interest. In maths, an overdraft is a negative balance: if you have £50 and spend £80, the balance is −£30. Phrases: «go into an overdraft», «an overdraft limit», «pay off the overdraft».

### Examples

- Mum said we were nearly in our overdraft, so no takeaway this week. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/O/overdraft/#x1)
- The bank gave Dad an overdraft of £500. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/O/overdraft/#x2)
- He had £40 and spent £60, so he had a £20 overdraft. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/O/overdraft/#x3)
- Overdrafts can be expensive because banks charge fees. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/O/overdraft/#x4)
- They worked hard to pay off their overdraft. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/O/overdraft/#x5)
- Her overdraft limit is £200, so she can't spend more. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/O/overdraft/#x6)

### Note

Countable: an overdraft. Related: «overdrawn» (adjective: my account is overdrawn). Maths link: overdraft = money spent − money in account; the balance is a negative number. An overdraft is borrowed money, not free money.

## On Mova

- [Trees and pragmatics of «overdraft» in the school dictionary](https://mova.elamur.ai/free/en/corpora/dictionaries/school/O/overdraft/): every meaning and example parsed by Mova, with its dependency tree and frames.
- [«overdraft» in the school dictionary](https://mova.elamur.ai/free/en/dictionaries/school/w/overdraft.html) on Mova free.