overdraft: Meaning and Definition of

o•ver•draft

1. an act or instance of overdrawing a checking account.
2. a check overdrawn on a checking account.
3. the amount overdrawn.
4. an excessive drawing on or drawing off of something.
5. a draft made to pass over a fire, as in a furnace.
6. a draft passing downward through a kiln.
7. a tendency of a rolled piece to curve upward after passing through a stand, occurring when the lower roll is faster than the upper. Cf.