overdraft facility

listen to the pronunciation of overdraft facility
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An overdraft facility is a formal arrangement with a bank which allows an account holder to draw on funds in excess of the amount on deposit. Overdraft facility financing is most commonly used by businesses as a way of making their working capital more flexible, although it can also be available to individuals. Banks which offer this service typically have a number of expectations from customers who use it, and it is important to be aware of these expectations before entering an overdraft facility agreement
overdraft facility

    Heceleme

    o·ver·draft fa·ci·li·ty

    Türkçe nasıl söylenir

    ōvırdräft fısîlîti

    Telaffuz

    /ˈōvərˌdraft fəˈsələtē/ /ˈoʊvɜrˌdræft fəˈsɪlɪtiː/