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Meaning of "overdraft interest" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF OVERDRAFT INTEREST

overdraft interest  [ˈəʊvədrɑːft ˈɪntrəst] play
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GRAMMATICAL CATEGORY OF OVERDRAFT INTEREST

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Overdraft interest is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES OVERDRAFT INTEREST MEAN IN ENGLISH?

Definition of overdraft interest in the English dictionary

The definition of overdraft interest in the dictionary is interest charged on money withdrawn in excess of the credit balance of a bank or building society account.


WORDS THAT RHYME WITH OVERDRAFT INTEREST


arrased
ˈærəst
ballast
ˈbæləst
Bathurst
ˈbæθəst
biased
ˈbaɪəst
breakfast
ˈbrɛkfəst
embarrassed
ɪmˈbærəst
focused
ˈfəʊkəst
harassed
ˈhærəst
high-interest
ˌhaɪˈɪntrəst
locust
ˈləʊkəst
noninterest
ˌnɒnˈɪntrəst
provost
ˈprɒvəst
soonest
ˈsuːnəst
steadfast
ˈstɛdfəst
terraced
ˈtɛrəst
unbiased
ʌnˈbaɪəst
unembarrassed
ʌnɪmˈbærəst
unfocused
ʌnˈfəʊkəst
uninterest
ʌnˈɪntrəst
verst
vɛəst

WORDS THAT BEGIN LIKE OVERDRAFT INTEREST

overdosage
overdose
overdraft
overdraft facility
overdraft limit
overdramatic
overdramatise
overdramatize
overdraught
overdraw
overdrawn
overdress
overdressed
overdrew
overdrink
overdrive
overdriven
overdriving
overdrove
overdry

WORDS THAT END LIKE OVERDRAFT INTEREST

accrued interest
compound interest
controlling interest
declare an interest
disinterest
Everest
forest
human interest
insurable interest
interest
kniferest
life interest
merest
Mount Everest
ratherest
self-interest
simple interest
Site of Special Scientific Interest
unity of interest
utterest
vested interest

Synonyms and antonyms of overdraft interest in the English dictionary of synonyms

SYNONYMS

Translation of «overdraft interest» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF OVERDRAFT INTEREST

Find out the translation of overdraft interest to 25 languages with our English multilingual translator.
The translations of overdraft interest from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «overdraft interest» in English.

Translator English - Chinese

透支利息
1,325 millions of speakers

Translator English - Spanish

los intereses por descubierto
570 millions of speakers

English

overdraft interest
510 millions of speakers

Translator English - Hindi

ओवरड्राफ्ट ब्याज
380 millions of speakers
ar

Translator English - Arabic

الفائدة السحب على المكشوف
280 millions of speakers

Translator English - Russian

овердрафт интерес
278 millions of speakers

Translator English - Portuguese

juros de cheque especial
270 millions of speakers

Translator English - Bengali

ওভারড্রাফ্ট সুদ
260 millions of speakers

Translator English - French

intérêts sur découvert
220 millions of speakers

Translator English - Malay

Kepentingan overdraf
190 millions of speakers

Translator English - German

Überziehungszinsen
180 millions of speakers

Translator English - Japanese

当座貸越利息
130 millions of speakers

Translator English - Korean

당좌 대월 관심
85 millions of speakers

Translator English - Javanese

Kapentingan overdraft
85 millions of speakers
vi

Translator English - Vietnamese

lãi suất thấu chi
80 millions of speakers

Translator English - Tamil

அதிகப்படியான வட்டி
75 millions of speakers

Translator English - Marathi

ओव्हरड्राफ्ट व्याज
75 millions of speakers

Translator English - Turkish

Çek valla olan faiz
70 millions of speakers

Translator English - Italian

interesse scoperto
65 millions of speakers

Translator English - Polish

odsetki w rachunku bieżącym
50 millions of speakers

Translator English - Ukrainian

овердрафт інтерес
40 millions of speakers

Translator English - Romanian

interes overdraft
30 millions of speakers
el

Translator English - Greek

ενδιαφέρον υπερανάληψης
15 millions of speakers
af

Translator English - Afrikaans

oortrokke belang
14 millions of speakers
sv

Translator English - Swedish

övertrasseringsränta
10 millions of speakers
no

Translator English - Norwegian

trekking interesse
5 millions of speakers

Trends of use of overdraft interest

TRENDS

TENDENCIES OF USE OF THE TERM «OVERDRAFT INTEREST»

The term «overdraft interest» is used very little and occupies the 180.540 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Rarely used
16
/100
The map shown above gives the frequency of use of the term «overdraft interest» in the different countries.
Principal search tendencies and common uses of overdraft interest
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «overdraft interest».

FREQUENCY OF USE OF THE TERM «OVERDRAFT INTEREST» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «overdraft interest» during the past 500 years. Its implementation is based on analysing how often the term «overdraft interest» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about overdraft interest

EXAMPLES

10 ENGLISH BOOKS RELATING TO «OVERDRAFT INTEREST»

Discover the use of overdraft interest in the following bibliographical selection. Books relating to overdraft interest and brief extracts from same to provide context of its use in English literature.
1
Corporate Cash Management: Strategy and Practice
Overdraft interest is calculated on the daily outstanding balance until the interest is paid, either quarterly or semi-annually. Overdraft rate +1 365 x 100 For example: Overdraft rate 8% Days until interest payment date 87 Days loan period 1 8 8 ...
Philippa Foster Back, 1997
2
Holistic Management Handbook: Healthy Land, Healthy Profits
For example, if the annual overdraft interest rate equals 13 percent, and the predicted overdraft at the end of the first month = ($20,342), then interest on the overdraft for the month would be calculated as follows: 13 × $20,342 = $220.37 1,200 ...
Jody Butterfield, Sam Bingham, Allan Savory, 2006
3
HSBC's Guide to Cash and Treasury Management in Asia Pacific ...
While the intra-day overdraft will trigger when the payments are effected, Group A will not be charged any overdraft interest as long as its overall cash position is positive at the end of the day. FIGURE 1: Group A's Cash-Pooling Structure ...
Various, 2007
4
Competition and choice in retail banking: ninth report of ...
Authorised Overdrafts sBank of England base rate □Overdraft interest rate □ Spread between overdraft rate and base rate Jan- Jan- Jan- Jan- Jan- Jan- Jan- Jan- Jan- Jan- Jan- Jan- Jan- Jan- Jan- Jan- 95 96 97 98 99 00 01 02 03 04 05 06 ...
Great Britain: Parliament: House of Commons: Treasury Committee, 2011
5
Bank & Brokerage Back Office Procedures & Settlements
Even in normal times, the back office staff should keep a close watch on incoming statements from correspondent banks to monitor when overdraft interest rates change. This information should be passed on to not only all the other members of ...
Mervyn J. King, 2000
6
Personal Current Account Banking Services in Northern ...
We considered trends in referral charges, unpaid charges, and unauthorized overdraft interest rates. Some unauthorized overdraft interest rates were negotiable and we did not include these in our comparison (unauthorized overdraft interest ...
Great Britain: Competition Commission, 2006
7
Accountancy for Ca Professional Examination - Ii,3e
Problem 22.8 Calculate the interest income to be recognised for the year ending 31.3.20X2 from the following information: Solution: Interest on Cash Credit Interest on Overdraft Interest a Term Loan (1,820-820 + 400)= 1,400 (750 - 450 + 100) ...
P C Tulsian, 2006
8
Australian Master Accountants Guide
If there is an overdraft position the amount saved by taking the discount is more than the additional overdraft interest payable.) ○ The discount should not be taken if the rate calculated is lower than the rate of interest receivable or payable by ...
Cch, 2009
9
Modern Banking: Theory And Practice
If there is a prior agreement with the account provider for an overdraft protection plan, and the amount overdrawn is within this authorised overdraft, interest is normally charged at the agreed rate. If the balance exceeds the agreed terms, fees ...
D. Muraleedharan, 2009
10
Cash Collections Transmission
More significant savings inbank charges arelikely tocome from reductions in bank float time, and therefore lower overdraft interest charges. Alternatively, shorter float time will increasea cash surplus, and provide the opportunity for higher ...
Alistair Graham, 2013

10 NEWS ITEMS WHICH INCLUDE THE TERM «OVERDRAFT INTEREST»

Find out what the national and international press are talking about and how the term overdraft interest is used in the context of the following news items.
1
New working hours for Bank of Cyprus
For housing, car, wedding, and financing loans, BoC staff will be charged 1.40 per cent. Student loans and overdraft interest rates were set at ... «Cyprus Mail, Jun 15»
2
Duffy trial: The forensics of money
... resulting in overdraft interest charges. There were payments he had to make for a line of credit, and at times only his reimbursements from the ... «iPolitics.ca, Jun 15»
3
New RBC charges seen as double-dipping: Roseman
Overdraft protection will cost $4 a month plus overdraft interest (if used). Before, clients would pay either $4 a month or overdraft interest, ... «Toronto Star, May 15»
4
Thousands of RBS/NatWest customers face higher overdraft fees …
Others will also see their overdraft interest rates rise. RBS said it has written to all customers and will start shifting them to new accounts this ... «This is Money, Apr 15»
5
Cadac must pay its pension fund R3.7m
... fund R3.7 million plus dividends on 3.7 million redeemable preference shares, calculated at 80 percent of Nedbank's overdraft interest rate, ... «Independent Online, Apr 15»
6
How much are you forking out in overdraft charges? New tool shows …
Around a third of the money that banks make from their customers comes from overdraft interest and charges. In 2011 these fees amounted to ... «This is Money, Mar 15»
7
Innovative Lender Fidor Bank Gives U.S. an Upvote
In perhaps the most innovative of its practices, Fidor sets its overdraft interest rates for Smart Current Account users based partly on the number ... «NerdWallet, Mar 15»
8
2nd Circ. Won't Expand Arbitration Bar To Deposit Accounts
Then, in September 2010, Scott overdrew her checking account by 26 cents but was charged the fee, overdraft interest charges and a $50 ... «Law360, Mar 15»
9
Virgin card to pay off a loan, credit card or overdraft interest-free for 3 …
Virgin Money has launched a new market-leading credit card that allows customers three years to pay off credit card, bank overdraft or loan ... «This is Money, Mar 15»
10
How to banish your debts for 3 years
“Compare this to the average overdraft interest rate and you would pretty much recoup the fee in the first few months.” Fluid, The AA and Virgin ... «Mirror.co.uk, Mar 15»

REFERENCE
« EDUCALINGO. Overdraft interest [online]. Available <https://educalingo.com/en/dic-en/overdraft-interest>. Apr 2024 ».
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