What is another word for overdrafting?
Pronunciation: [ˈə͡ʊvədɹˌaftɪŋ] (IPA) 
Overdrafting can be defined as the act of withdrawing money from a bank account when the balance is insufficient, which results in a negative balance and fees. Synonyms for this term include overextending, overspending, exceeding the limit, overdrawing, and going into the red. Overextending implies exceeding the limit or going beyond one's means to acquire something. Overspending means spending more money than the available budget. Exceeding the limit refers to surpassing the maximum amount allowed. Overdrawing is withdrawing more money than the balance in the account, while going into the red is a term used to show a negative balance in a bank account.
