agreed overdraft

Frequency: 7.512.8 per million words

An overdraft facility that has been formally arranged with the bank.

Categories:

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.