Kenny Rogers Sings "The Gambler", Country Music #1 Hit, on Johnny Carson...USA NOVEMBER ELECTIONS 2014. THE POOR POSITION OF THE REPUBLICAN PARTY ON AFFORDABLE HEALTH CARE ACT MIGHT GIVE THE DEMOCRATIC PARTY A SLIM LEAD IN THE SENATE. PAY CREATES LIMITED DEBTS NOW. Overdraft The amount by which withdrawals exceed deposits, or the extension of credit by a lending institution to allow for such a situation. Usage Example If you aren't sure you have enough money in your checking account to make a purchase, don't make the purchase because you will be charged an overdraft fee.