overdraw – מילון אנגלי-אנגלי
overdraw
v.
withdraw an amount of money in excess of the balance (from a bank account, allowance, etc.); draw in an exaggerated manner
Overdraft
An
overdraft occurs when money is withdrawn from a
bank account and the available
balance goes below zero. In this situation the account is said to be "
overdrawn". If there is a prior agreement with the account provider for an overdraft, and the amount overdrawn is within the authorized overdraft limit, then
interest is normally charged at the agreed rate. If the negative balance exceeds the agreed terms, then
additional fees may be charged and higher interest rates may apply.
overdraw
Verb
1. draw more money from than is available; "She overdrew her account"
(hypernym) withdraw, draw, take out, draw off
2. to enlarge beyond bounds or the truth; "tended to romanticize and exaggerate this `gracious Old South' imagery"
(synonym) overstate, exaggerate, hyperbolize, hyerbolise, magnify, amplify
(hypernym) misinform, mislead
(hyponym) overemphasize, overemphasise, overstress
Overdraw
(v. t.)
To make drafts upon or against, in excess of the proper amount or limit.
(v. t.)
To exaggerate; to overdo.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
About
Overdraw, Overdue
OVERDRAW - To draw bills or cheeks upon an individual, bank or other corporation, for a greater amount of funds than the party who draws is entitled to.
When a person has overdrawn his account without any intention to do so, and afterwards gives a check on a bank, the holder is required to present it, and on refusal of payment to give notice to the maker in order to hold him bound for it; but when the maker had overdrawn the bank knowingly and had no funds there between the time the check was given and its presentment, the notice is not requisite.
OVERDUE - A bill, note, bond or other contract for the payment of money at a particular day, when not paid upon the day, is overdue.
The indorsement of a note or bill overdue is equivalent to drawing a new bill payable at sight.
A note when passed or assigned when overdue is subject to all the equities between the original contracting parties.
This entry contains material from Bouvier's Legal Dictionary, a work published in the 1850's.
