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TeachMeFinance.com - explain Overdraft Overdraft The term 'Overdraft' as it applies to the area of reclamation can be defined as ' The pumping of water from a ground water basin or aquifer in excess of the supply flowing into the basin. This pumping results in a depletion or 'mining' of the ground water in the basin'. Previous 5 Terms: Overbreak Overburden Overburden ratio Overcast Overcharge Next 5 Terms: Overexcavation overfalls Overflow dam Overflow spillway (ogee spillway) Overhang About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.