what does it mean when someone’s account is “overdrawn”?
Question & Answer
what does it mean when someone’s account is “overdrawn”?
1 Answer
Verified archiveWhen someone’s account is “overdrawn,” it means they have withdrawn more money from their bank account than what is available in the account balance. This typically incurs fees and can lead to a negative balance. The account holder is essentially borrowing money from the bank, as they owe the withdrawn amount beyond what they had.