overdraft limit
Frequency: 8.323.1 per million words
The maximum amount of money you are allowed to be overdrawn by.
Categories:
Examples (10)
- The bank decided to increase my overdraft limit to £1,000.
- I need to check my current overdraft limit before I make this purchase.
- If you exceed your overdraft limit, you will be charged a penalty fee.
- She requested a temporary extension of her overdraft limit for the holidays.
- Most student accounts come with a generous interest-free overdraft limit.
- The bank reduced his overdraft limit without any prior notice.
- You can apply to change your overdraft limit through the mobile banking app.
- His overdraft limit was set at five hundred dollars when he opened the account.
- It's important to stay within your overdraft limit to avoid high interest rates.
- The manager agreed to set an overdraft limit for the new small business account.