from The American Heritage® Dictionary of the English Language, 5th Edition.
- intransitive verb To draw against (a bank account) in excess of credit.
- intransitive verb To pull back too far.
- intransitive verb To spoil the effect of by exaggeration in telling or describing.
- intransitive verb To make an overdraft.
from The Century Dictionary.
- noun An excessive draft or drain; an undue or exhausting demand.
- noun Same as
- To draw or strain too much.
- To draw upon for a larger sum than is due, or for a sum beyond one's credit: as, to
overdrawone's account with a bank.
- To exaggerate in representation, either in writing, in speech, or in a picture: as, the tale of distress is overdrawn.
- To make an overdraft.
from the GNU version of the Collaborative International Dictionary of English.
- transitive verb To exaggerate; to overdo.
- transitive verb (Banking) To make drafts upon or against, in excess of the proper amount or limit; to draw more than the balance in one's account.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- verb To
withdrawmore moneyfrom an accountthan there is credit; to make an overdraft
- noun Commonly described in
graphicstechnical terms as the process by which during the renderingof a scene, a pixelat a given X, Ylocation in the final imageis replaced by one which is closer to the view point than the existing pixel as determined by their corresponding Zvalues.
- noun A value determining/describing “Overdraw” or “Overdraw factor” is commonly the number of times each
pixelwould have been overwritten in the course of renderingaveraged over a given frameor series of frames.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- verb to enlarge beyond bounds or the truth
- verb draw more money from than is available
from Wiktionary, Creative Commons Attribution/Share-Alike License
For years, banks have made it easier for customers to overdraw their checking accounts, aided by a cottage industry of consultants who make big money by helping to wring fees out of consumers, a USA TODAY analysis finds.
Even so, the bank is charging a lower fee if consumers overdraw by less than $5 a day.
"For example, there may be disruptions in the timing of various federal benefit payments that could cause some customers to inadvertently overdraw their checking accounts, and we will encourage national banks to work with their customers and exercise judgment related to overdraft or penalty fees."
Today, each of the nation's 10 largest banks allows consumers to overdraw with checks, debit cards or at ATMs, a 2009 USA TODAY survey reveals.
If payments don't go out Aug. 4, millions of people might overdraw their bank accounts, Entmacher said.
For instance, SunTrust began charging in May a higher fee on its basic checking if customers overdraw multiple times — similar to what banks have done with late fees on credit cards.
SunTrust (STI), meanwhile, is starting to charge customers a higher fee when they overdraw multiple times.
Reyes acknowledges making a mistake but says she doesn't understand why the bank would let her repeatedly overdraw her account without immediately notifying her.
However, she mistakenly transferred money into savings, causing her to overdraw her checking account.
Bank of America now allows consumers to overdraw 10 times a day, up from five last year.