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Overdraft vs Overspend - What's the difference?

overdraft | overspend |

As nouns the difference between overdraft and overspend

is that overdraft is (uncountable) the act of overdrawing a bank account while overspend is the amount by which someone or something is overspent.

As a verb overspend is

to spend too much money; especially, to spend more than one earns.

overdraft

English

Noun

  • (uncountable) The act of overdrawing a bank account.
  • (countable) The amount overdrawn.
    • I have an overdraft of £1234.
  • (countable) The maximum amount that may be overdrawn.
    • The bank have given me an overdraft of $2000.

    Related terms

    * overdraw * overdrawn

    overspend

    English

    Verb

  • To spend too much money; especially, to spend more than one earns.
    • To get out of debt, first keep a budget and be careful not to overspend .

    Noun

    (en noun)
  • the amount by which someone or something is overspent