luottoraja — meaning in English
Finnish → English · translate English → Finnish instead
English meaning
- overdraft noun The act of withdrawing more money from a bank account than it holds.
Senses
luottoraja is used for these senses in English:
- credit limit (finance, banking) The maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit.
- line of credit (finance, banking) A credit facility under which a bank or other lender agrees to provide a client with loans of money up to an approved limit during a predefined period. The client may borrow the entire credit amount all at once or in portions during the specified period.
- overdraft (countable) The maximum amount that may be overdrawn.
overdraft — full definition
- noun The act of withdrawing more money from a bank account than it holds.
- noun The amount by which an account has been overdrawn, or the maximum allowed.