OVERDRAFT


Meaning of OVERDRAFT in English

noun

COLLOCATIONS FROM CORPUS

■ NOUN

bank

Not for him the promise of jam tomorrow or a brave, new world waiting just around the next bank overdraft .

Transfers made to pay the players wages and stem a bank overdraft .

There are four main methods of funding: cash purchase, bank overdraft , hire purchase and leasing.

Using a bank overdraft , would incur an interest cost, with tax capital allowances being available as above.

Because they had squandered all their cash, they each had bank overdrafts of around £1,500.

facility

We also provide interest free overdraft facilities in the first year of study.

As the overdraft facility is used, however, two things begin to happen simultaneously.

The company had agreed an overdraft facility with the bank that by December 1986 had been raised to £40,000.

When the overdraft facility is fully used, the composition of assets will have changed.

Mr. Tucker agreed to allow an overdraft facility of £60,000 for one month.

You may want a permanent overdraft facility .

But remember that this change in the composition of assets came about because the borrower used his overdraft facility .

We can offer current accounts with overdraft facilities and deposit and loan accounts in any major international currency.

■ VERB

agree

The company had agreed an overdraft facility with the bank that by December 1986 had been raised to £40,000.

If you ask your manager first and he agrees , then an overdraft is a convenient and economic way of borrowing money.

Mr. Tucker agreed to allow an overdraft facility of £60,000 for one month.

A £500 agreed overdraft with NatWest will cost you nearly £92 over a year.

Therefore, an agreed overdraft of £1,000 will cost you £247.11 including fees.

Spend an extra £500 on top of a £500 agreed overdraft and you could end up paying a total of £311.61.

pay

Large corporate customers pay interest on overdrafts at the bank's base rate plus 1%.

The trustees pay off that overdraft .

They would rather that you paid interest on your overdraft than that they paid interest on theirs. 4.

Must I pay off our joint overdraft ?

The crunch came when my bank asked for my credit card back and demanded I pay off the overdraft at once.

It's the only certain way to pay off an overdraft which he expects by then to have topped £1,000.

EXAMPLES FROM OTHER ENTRIES

I've already got an enormous overdraft .

When he left college, he had a $3000 overdraft .

EXAMPLES FROM CORPUS

An overdraft offered more flexibility but higher cost.

Answer guide: The cash is needed in the business, see overdraft situation, it will need to be left in.

As a result, the groundwater overdraft , instead of being alleviated, has gotten worse.

As one example, the bank would begin charging interest the day a kibbutz incurred an overdraft .

I want to go on farming, but I will have to see if my overdraft can take it.

Imagine now that a customer of an individual bank applies successfully for an overdraft .

Keep within the limit and you will not pay the penalties that come with unauthorised overdrafts.

They had been given borrowing and overdraft facilities.

Longman DOCE5 Extras English vocabulary.      Дополнительный английский словарь Longman DOCE5.