Limit overdrawn

Limit overdrawn
  An account or group of accounts whose balances have exceeded a limit.

International financial encyclopaedia . 2014.

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  • Overdrawn — Overdraw O ver*draw , v. t. [imp. {Overdrew}; p. p. {Overdrawn}; p. pr. & vb. n. {Overdrawing}.] 1. To exaggerate; to overdo. [1913 Webster] 2. (Banking) To make drafts upon or against, in excess of the proper amount or limit; to draw more than… …   The Collaborative International Dictionary of English

  • Floor limit — A floor limit is the amount of money above which credit or debit card transactions must be authorised. The limit can vary from store to store. Floor limits do not apply to certain types of debit card (such as Visa Electron and Solo), as these… …   Wikipedia

  • overdraft limit — / əυvədrɑ:ft ˌlɪmɪt/ noun a total which is agreed between the bank and a customer as the maximum amount the customer’s account may be overdrawn …   Dictionary of banking and finance

  • Limits reports —   Reports include:   Country exposure versus limits   Frequency on excess of limit   Limit overdrawn   Limit automatic increase/decrease   Limit expired   Revaluation of assets and liabilities and limits   Special warning limit See also Reports,… …   International financial encyclopaedia

  • Overdraft — I warn you, Sir! The discourtesy of this bank is beyond all limits. One word more and I I withdraw my overdraft! Cartoon from Punch Magazine Vol. 152, June 27, 1917 An overdraft occurs when money is withdrawn from a bank account and the… …   Wikipedia

  • Overdraft fee — Unauthorized overdraft fees (sometimes called paid referral fees ) are fees charged by banks on various types of bank accounts, usually current or checking accounts. In the United States alone, overdraft fees bring in billions of dollars every… …   Wikipedia

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

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  • Bank — For other uses, see Bank (disambiguation). Banker and Bankers redirect here. For other uses, see Banker (disambiguation). Banking …   Wikipedia

  • Debit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia

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