Question

short note on overdraft​

Answer 1

Answer:

An overdraft is an extension of credit from a lending institution that is granted when an account reaches zero. ... Basically, an overdraft means that the bank allows customers to borrow a set amount of money.

Explanation:

mark as the BRAINLIEST answers and follow me

Answer 2

Answer:

Answer ⬇

An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero.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".

Thanks..