Difference between revisions of "Overdraft"

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It is also known as a demand loan, as it is repayable to the bank on demand.
 
It is also known as a demand loan, as it is repayable to the bank on demand.
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== See also ==
 
== See also ==
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* [[Revolving credit facility]]
 
* [[Revolving credit facility]]
 
* [[Round tripping]]
 
* [[Round tripping]]
 
  
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[[Category:Liquidity_management]]

Revision as of 10:30, 9 October 2013

A line of credit which is applied to a current account and may be drawn on demand.

It is also known as a demand loan, as it is repayable to the bank on demand.


See also