Overdrawn: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Sources: linked pages.) |
(Improve linking.) |
||
| Line 15: | Line 15: | ||
* [[Liabilities]] | * [[Liabilities]] | ||
* [[Overdraft]] | * [[Overdraft]] | ||
* [[Overdrawing]] | |||
* [[Revolving credit facility]] | * [[Revolving credit facility]] | ||
* [[Round tripping]] | * [[Round tripping]] | ||
[[Category:Financial_products_and_markets]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 20:48, 2 August 2025
Banking.
An overdrawn bank account is one which stands in favour of the bank.
It is a liability for the account holder, and an asset for the bank.