Define overdraft in simple terms.
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An overdraft is a facility provided by a bank that allows you to withdraw more money from your bank account than what is available in the account, creating a temporary negative balance.
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Define overdraft in simple terms.
Â
Loading lesson…
An overdraft is a facility provided by a bank that allows you to withdraw more money from your bank account than what is available in the account, creating a temporary negative balance.
Â