Question

What is meant by overdraft?

Answer 1

Answer:

The overdraft allows the account holder to continue withdrawing money even when the account has no funds in it or has insufficient funds to cover the amount of the withdrawal. ✌❤☺✔✔✔

Answer 2

Answer:

The definition of an overdraft is taking out more money than is in your account, or a draft of air that moves over a fire. An example of an overdraft is to write a check for $40 when you only have $20 in your account. An example of an overdraft is the air that passes over the fuel in a furnace.

Hope it will help you ❤️❤️......

From shivi ❤️❤️.......