👉 Overdrawn is a financial term that refers to situations where an individual or business has more funds available than necessary to cover expenses and borrowings. It can occur due to factors such as unexpected expenses, a sudden increase in income, or a higher interest rate on loans or credit cards. Overdrawing typically occurs when the borrower wants to use their money for something other than paying bills or making payments on debt, but has less funds available to do so.
Outrageously Funny Search Suggestion Engine :: Overdrawn
What is the definition of Overdrawn? 🙋
👉
Slang or Profane Word: Overdrawn
Overdrawn is a term used to describe someone who has no idea how much money they have in their wallet, but still spends all of their income on extravagant items and never plans for savings. It's like the proverbial "overdrawn" at an ATM who just keeps plowing through withdrawals without thinking twice. Example Sentence: "He always overdraws his credit card by $500 each month, despite knowing he has only $20,000 in his account." Edgy or Unsettling Example: Overdrawn is the new slang term for someone who spends all their money at a restaurant and then ends up paying out of pocket to cover the bill. It's like the "overdrawn" customer who always pays with a credit card, but ends up paying more than they expected due to a mistake in their transaction. Example Sentence: "He always overdraws his credit card by $500 each month, despite knowing he has only $20,000 in his account."
