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It means that you have tried to withdraw more money from your bank account than you actually have. It can also be used figuratively to refer to other things besides money, such as "You are overdrawn at the love bank right now" if you have had a fight with your significant other.

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Q: What does overdrawn mean?
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Related questions

What does 5 dollars overdrawn mean?

It means that an account you have is -$5.


What is the definition of overdrawn?

Overdrawn is when you over exaggerate the description of something.


What does OD mean on a bank statement?

Overdrawn. Means the bank account in question doesn't have enough money to supply a check written or a recent withdrawal. Generally a bad thing.


When was Overdrawn at the Memory Bank created?

Overdrawn at the Memory Bank was created in 1983.


What does it mean if your account has a minus sign?

IT most likely means that your overdrawn on your account and its at a negative balance.


What is the past tense of overdrawn?

The past tense of overdrawn is overdrew. As in "he overdrew his bank balance".


What is the duration of Overdrawn at the Memory Bank?

The duration of Overdrawn at the Memory Bank is 1.38 hours.


What is the name of the fee for an overdrawn account?

Overdraft


Can you make a overdrawn with your visa debit card?

no


If a company has overdrawn its bank balance then what is the answer?

if the company has overdrawn it balance that means the company ow the bank' in other words the company had made an overdraft, it is the liability to the company..


What if your checking account is overdrawn by 50. you write a check for 20. what is the balance on you account?

At the moment of writing the check, the balance is still $50 overdrawn. If the check should be presented to the bank, then your balance will depend upon several factors: If you have an overdraft facility and the $20 check does not exceed this, then your new balance will be $70 overdrawn. If you do not have an overdraft facility, then the bank may bounce (decline) the check, in which case your balance may still be $50 overdrawn. However, they may charge you for bouncing the check as you did not have the funds to meet the check, so your overdraft will be increased by their fee, whatever it is. They may honour the check and your bank balance will be $70 overdrawn. However, they may also charge you a fee for honouring the check when you were overdrawn; thus your balance will be increased from $70 overdrawn by their fee. You may also have received funds before the check was presented, eg you got paid, and so the balance may not be overdrawn and the check honoured without problem.


Because my account was overdrawn I have got a letter from BofA Your account has been closed they deposited the amount overdrawn now my ending balance is 0.00 do I have to pay them back?

Yes!