overdraw

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overdraw

verb aes alienum contrahere, be debited with, be in debt, be prodigal, become bankrupt, become innolvent, deplete, dissipate, exhaust, incur a debt, overcharge, overextend, overspend, overstrain, overstretch, owe, owe money, run into debt, spend more than one has, squander
Associated concepts: overdraw an account
See also: dissipate

TO OVERDRAW. To draw bills or cheeks upon an individual, bank or other corporation, for a greater amount of funds than the party who draws is entitled to.
     2. When a person has overdrawn his account without any intention to do so, and afterwards gives a check on a bank, the holder is required to present it, and on refusal of payment to give notice to the maker, in order to hold him bound for it; but when the maker had overdrawn the bank knowingly, and had no funds there between the time the check was given and its presentment, the notice is not requisite. 2 N. & McC. 433.

References in periodicals archive ?
For the 12million customers who regularly overdraw without permission, things aren't so rosy.
Not everyone needs an overdraw rest, and finger shooters cannot accurately use the same radical overdraws preferred by release-aid users.
A Thanks for contacting Bowhunter Magazine with your questions concerning overdraws.