meaning of cash overdraft

cash overdraft meaning in Law Dictionary

wing a credit balance on a cash account, such as for instance when $100 is extracted from a free account which has just $75, making a liability in the balance sheet the real difference of $25.

cash overdraft meaning in Business Dictionary

A cash account with a credit stability. Including, $50 in cash had been deposited, however the check ended up being written for $100. The real difference is reported as a liability regarding stability sheet.