Other Free Encyclopedias » Law Library - American Law and Legal Information » Free Legal Encyclopedia: Ordinary resolution to Patients' Rights - Consent

Overdraft

drawn check amount

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.

CROSS-REFERENCES

Commercial Paper.

User Comments

Your email address will be altered so spam harvesting bots can't read it easily.
Hide my email completely instead?

Cancel or