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Überziehung

overdraft

noun ue-ber-TSEE-ung Rare
People & Society Money

Also means

account overdraw

Usage Note

Überziehung occurs when a bank account goes below zero. Banks charge Überziehungszinsen (overdraft interest), which are typically much higher than normal lending rates. Das Konto überziehen (to overdraw the account) is the related verb phrase.

Examples

"Durch die unerwartete Rechnung kam es zu einer Überziehung des Kontos."

Natural Translation

The unexpected bill led to an overdraft on the account.

Literal Translation

Through the unexpected bill it came to an overdraft of the account.

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