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1. (v.t.) overdraw
to draw upon (an account, allowance, etc.) in excess of the balance standing to one's credit or at one's disposal.
2. overdraw
to strain, as a bow, by drawing too far.
3. overdraw
to exaggerate in depicting or describing.
4. (v.i.) overdraw
to overdraw an account or the like.
Etymology: (1325–75)
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| Definition of 'overdraw' |
Princeton's WordNet |
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1. (verb) overdraw
draw more money from than is available
"She overdrew her account"
2. (verb) overstate, exaggerate, overdraw, hyperbolize, hyperbolise, magnify, amplify
to enlarge beyond bounds or the truth
"tended to romanticize and exaggerate this `gracious Old South' imagery"
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Definitions of overdraw 
