ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
OVERDRAFT is, a. a draft in excess of the credit balance within an account; or b. a facility (usually at a bank or other financial institution) enabling an account holder to borrow up to an agreed amount and often for an agreed time.
Learn new Accounting Terms
PORTFOLIO is a term for describing all the investments that an entity owns. A diversified portfolio contains a variety of investments.
BANK OVERDRAFT see OVERDRAFT.