Overdraft

From ACT Wiki
Revision as of 14:20, 23 October 2012 by Administrator (Talk | contribs) (CSV import)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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