overdraft limit

Water is intrinsic to growth, and overdraft limits its available supply.

The bank agrees to increase the overdraft limit to £50,000.

Hence they are rather like the overdraft limit placed on a private sector customer by its bank.

But the old man still resolutely refused to exceed his ten-pound overdraft limit.

"I have a £12,000 overdraft limit now and once a month I go up to it.

Your bank could charge you if you exceed your overdraft limit without authorisation.

Only one credit card, but I'm not sure I can replace that straight away as I'm over my overdraft limit.

The company frequently exceeded its agreed overdraft limit and, in December 1986, the debt balance on its account stood at about £57,000.

The bank agrees to pay the customer's checks up to the amount standing to the credit of the customer's account, plus any agreed overdraft limit.

In turn this led to the banks' increased use of charges for exceeding overdraft limits as a means of generating their required level of profitability.

The overdraft limits aren't the greatest, but Natwest's big perk is that their student account offers a free five year 16-25 railcard.

In order to gain customers from competitors, banks will sometimes offer introductory 0% or low interest rates on authorised overdrafts, together with generous initial overdraft limits.

When a customer exceeds his or her overdraft limit, this constitutes a breach of contract, as the customer has agreed not to borrow more than agreed.

Banks in the UK often offer a basic overdraft facility, subject to a pre-arranged limit (known as an authorized overdraft limit).

Overdraft utilisation [drawn balances against overdraft limits] currently averages 57pc, figures we'd normally see in a boom period.

"I used to go over the overdraft limit every month as I took on big jobs and struggled to cope but things have been getting better and better.

Despite our growth our financial problems became acute when we bought a computer, we needed to handle all our administration, and began running up against our overdraft limit.

All the High Street banks, including Abbey National, had a practice of charging high fees if account holders, unplanned, exceeded through withdrawals their normal overdraft limit.

However, what this tool was never intended for was to investigate and punish petty crimes such as the theft of a pig, stealing a chocolate bar or exceeding a bank overdraft limit.

Credit Line - the option of an agreed overdraft limit of up to £5,000 (up to £10,000 if you hold a Midland Gold Card) at preferential interest rates.

My father had founded the firm in '93, starting out with three vehicles - two of them pulled by horses - and an overdraft limit of ten pounds at his local Martins bank.

You type in what you think your annual income and expenditure will be, your credit card and bank overdraft limits, and the program will tell you if your budget is viable.

If there is a prior agreement with the account provider for an overdraft, and the amount overdrawn is within the authorized overdraft limit, then interest is normally charged at the agreed rate.

The company had exceeded its overdraft limit and fallen behind in payments for PAYE, National Insurance contributions, VAT and debts to creditors (totalling around £212,618).

You should be especially careful not to allow the business account to become overdrawn - unless an overdraft limit has been agreed - or to exceed any overdraft limit without prior agreement.