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overdraft
(redirected from Overdrafting)

    Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

A check that is drawn on an account containing less money than the amount stated on the check.

The term overdraft is also used in reference to the condition that exists when vouchers or purchase orders are drawn in amounts exceeding the amount that has been appropriated or budgeted.

Cross-references

Commercial Paper.

See also: deficit
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5) See OSTROM, GOVERNING THE COMMONS, supra note 2, at 146-49, 157-73 (explaining the overdrafting of California groundwater and problems associated with Sri Lankan irrigation efforts including the large number of farmers involved); Hardin, The Tragedy of the Commons, supra note 1, at 1245 (explaining how the world's oceans are being unsustainably exploited); Thompson, supra note 2, at 249-53 (explaining that groundwater is a natural commons being exploited); David J.
Emerging commons and tragic institutions by Daniels, Brigham / Environmental Law
City officials said such a network could meet the needs of an increasing population, reduce overdrafting of the region's groundwater, and ease the burden on the sanitation district.
LANCASTER GETS RECYCLED WATER by Daily News (Los Angeles, CA)
The overdraft fees that the Fed imposes also tend to reduce the incentive for overdrafting.
Why do we regulate banks? Concerns that are used to justify ... by Wallison, Peter J. / Regulation
 
 
 
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