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Word: overdrafting (lookup in dictionary) (lookup stats)
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...would not have been amused. Her sightly granddaughter, Lady Iris Mountbatten, was pinched in Manhattan for passing bum checks ($185.05) to a Washington dress shop. Hauled into night court, she huffed: "[In England] it's common practice to be overdrawn. . . . The bank notifies you and you cover the overdraft, all in good taste." Lady Iris covered and the dress shop dropped charges. But all the exciting publicity (which is now Lady Iris' business for Columbia Pictures Corp.) had excited the Bureau of Immigration and Naturalization. They found that Lady Iris had overstayed her visitor's permit, gave...

Author: /time Magazine | Title: People: People, Jul. 28, 1947 | 7/28/1947 | See Source »

...employe is permitted to gamble, make a customer repeat his name over the telephone, make an overdraft against his deposit account, borrow money from a client, or buy securities beyond his ability to pay. All of them know that Giannini refers to them as his "boys & girls." And while salaries are not startling, all know they can retire-after faithful service-with a comfortable pension. Most seem to like the setup...

Author: /time Magazine | Title: CALIFORNIA: Giant of the West | 4/15/1946 | See Source »

...isolated individual in the darkness . . . like a child in a dark room with the door shut and no human voices audible. ... It is now apparent why so much gratification and affection must be given these men. They have . . . given far beyond their capacities and the overdraft on their psychic banks must be replenished before they can reassume their resemblance to the adult...

Author: /time Magazine | Title: Medicine: The Heavy-Laden | 2/7/1944 | See Source »

...steel firm, decided that Britain should have at least one modern continuous strip rolling mill, U. S. type. He got his mill (at Ebbw Vale, South Wales), but in financing it he lost control of Richard Thomas & Co. First his own bank, Lloyds, refused a loan, called in an overdraft, nearly strangled Thomas & Co. with a working-capital shortage. The Bank of England agreed to make the loan, but extracted an issue of prior-rights stock and put some of Sir William's chief competitors of the steel cartel (whose mills are oldfashioned, high-cost) on his board...

Author: /time Magazine | Title: STEEL: Ebbw Vale Again | 8/12/1940 | See Source »

Until his "Baby Bonds" could be sold, M. Auriol turned for temporary succor to the Financial Oligarchy, obtained from the Regents of the Bank of France an overdraft of $10,000,000 on which to keep his Treasury going for the moment. Socialist Auriol said he will not take the franc off the gold standard, will not nationalize but only "reform" the Bank of France and will not fail to balance the Budget...

Author: /time Magazine | Title: FRANCE: Strong Nerves | 6/29/1936 | See Source »

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