Topic: BANKING
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o‧ver‧draft
[countable] British English
[countable] British EnglishBFB the amount of money you owe to a bank when you have spent more money than you had in your account : a £250 overdraft Many students have a free overdraft facility (=agreement with their bank to have an overdraft up to a particular limit).
a £250 overdraftMany students have a free overdraft facility (=agreement with their bank to have an overdraft up to a particular limit).