Bank Overdraft in German, French, Spanish & Italian

What does Bank Overdraft mean?

A financial arrangement where a bank allows a customer to withdraw more money than they have in their account, up to a specified limit.

Bank Overdraft in a sentence

The company had to use its Bank Overdraft facility to cover payroll, which appeared as a current liability on the balance sheet.

German

Kontoüberziehung

also Dispositionskredit

Kontoüberziehung ist der allgemeine Begriff; Dispositionskredit (Dispo) ist die vertraglich vereinbarte Form für Privatkunden.

French

Découvert bancaire

Le découvert peut être autorisé ou non, entraînant des agios.

Spanish

Sobregiro bancario

also Descubierto bancario

Común en la gestión de tesorería para cubrir desfases temporales de liquidez.

Italian

Scoperto di conto

also Fido bancario

Il 'fido' è l'accordo preventivo, lo 'scoperto' è l'utilizzo effettivo dei fondi.