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Overdraw
(redirected from overdrew)

    Also found in: Dictionary/thesaurus 0.03 sec.

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.
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I asked my mom to please get me a new ride for Christmas, but it then turned out Allstate Insurance overdrew her account and all that I got for Christmas was Saturday Night Live The Best of Chris Farley DVD which was still really rad, but .
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The payment of the civil servants overdrew the treasury's account with Ziraat and forced Ziraat to bid for funds in the interbank market.
S&P Cuts Ziraat's Foreign Currency Rtgs To B-/C;Outlk Stable by Business Wire
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