Welcome to the 1520 Perfect Dictionary
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| Overdraft (1) | ||
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| OVERDRAFT (1) Definitions: i. The amount of money that you owe to a bank when you have spent more money than is in your bank account; an arrangement that allows you to do this. ii. The sum overdrawn. ______________________________________________________________________ * All six elements should be in. * This is not on the arrangement. 1. Purposeful and necessary to cross the 'black line'. 2. Expenditure was on something ‘regenerative’, not only a needful or 'compulsory' spending. ________________________________ See perfect SPENDTHRIFT. | ||
| Below the Line | ||
| 3. Arrangement, including limits not to be exceeded, was previously agreed on between banker and account holder. ________________________________ See perfect OPT-OUT (2). further below the line 4. Amount is not in dispute, that is, the figure (calculation), if necessary, is reconciled. ________________________________ See perfect SPECIFICITY. much further below the line 5. Amount is serviced, as per the agreement. 6. Overdraft was cleared timely (connect to #5). ________________________________ See perfect DEBT (2). Quote: "Banks used to frown on you if you tried to spend more than you had. Now they frown on you if you don't". - Lambert Jeffries. |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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