overdraft

«overdraft» in Mova's school dictionary: when a bank lets you take out more money from your… — its meaning for a pupil, its sense in the lessons and examples, with 1 sentence of Mova's corpora that use it.

part of speech

noun (an overdraft, overdrafts)

meaning for a pupil

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 →

2) (money) An overdraft is the amount of money owed in this way. tree →

sense 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 →
• The bank gave Dad an overdraft of £500. tree →
• He had £40 and spent £60, so he had a £20 overdraft. tree →
• Overdrafts can be expensive because banks charge fees. tree →
• They worked hard to pay off their overdraft. tree →
• Her overdraft limit is £200, so she can't spend more. tree →

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.

In the corpora

• An overdraft lets you spend below zero, which is borrowing, and banks charge high interest on it.

Trees and pragmatics

Every meaning and example of «overdraft» parsed by Mova, each sentence with its dependency tree and frames.