"Overdraft advances" refers to the situation when a person or business spends more money than is available in their bank account, and the bank allows them to go into negative balance temporarily. It's like borrowing money from the bank to cover the shortfall and paying it back later.
Full definition
Synonyms for individual words can be found below.
«overdraft»
«advances»
Sentences with «overdraft advances»
- The cash advance and overdraft advance APR is 25.24 %. (lendedu.com)
- An APR of 25.24 % is applicable to both cash advances as well as overdraft advances. (lendedu.com)
- There is a 25.24 % APR for cash advances with the Rapid Rewards Credit Cards; additionally, overdraft advances warrant a 25.24 % APR.. (lendedu.com)
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sentences)