Over Draft definition

Over Draft means the condition in which more groundwater is being pumped out than is replenished into the aquifer.

Examples of Over Draft in a sentence

  • The Borrower tenders herewith Demand Promissory Note for the Doctors‟ Credit Over Draft facility of the amount specified in Schedule I (f) hereunder as cover for the credit facility.

  • Over Draft Line of Credit 500,000,000 Korean Won 10% Fixed This Agreement shall be effective as of October 17, 2002, and shall continue in full force and effect until October 17, 2003.