agreed overdraft
Frequency: 7.512.8 per million words
An overdraft facility that has been formally arranged with the bank.
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Examples (10)
- I currently have an agreed overdraft of £500 with my bank.
- It is important not to exceed your agreed overdraft limit.
- The bank will charge high fees if you go beyond your agreed overdraft.
- They managed to negotiate an agreed overdraft for their small business.
- A student account usually comes with an agreed overdraft facility.
- You must stay within the agreed overdraft to avoid penalties.
- Before buying the car, he checked if he could get an agreed overdraft.
- My bank recently increased my agreed overdraft to one thousand pounds.
- An agreed overdraft is often cheaper than an unauthorized one.
- She spoke to her bank manager to arrange an agreed overdraft.