Overdraught legal definition of overdraught
overdraft (redirected from overdraught)
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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.
References in periodicals archive
If you have an oil sheik's overdraught
and an understanding girlfriend, here's how.
wouldn't have been possible without the hard work of all the students involved in Stu Brew.
The former Rector of St Andrews Church was fined pounds 60,000 and ordered to pay off an overdraught
of nearly pounds 4,000.