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WordReference Random House Learner's Dictionary of American English © 2016
o•ver•draw /ˌoʊvɚˈdrɔ/USA pronunciation   v.,  -drew, -drawn, -draw•ing. 
  1. to try to draw or to spend an amount from (one's bank account, an allowance, etc.) that is greater than the money available to one: [no object]Your bank won't allow you to overdraw.[+ object]You can't overdraw your account.

WordReference Random House Unabridged Dictionary of American English © 2016
o•ver•draw  (ō′vər drô),USA pronunciation v.,  -drew, -drawn, -draw•ing. 
  1. to draw upon (an account, allowance, etc.) in excess of the balance standing to one's credit or at one's disposal:It was the first time he had ever overdrawn his account.
  2. to strain, as a bow, by drawing too far.
  3. to exaggerate in drawing, depicting, portraying, or describing:The author has overdrawn the villain to the point of absurdity.

  1. to overdraw an account or the like:It ruins one's credit to overdraw frequently at a bank.
  2. Building(of a stove, fireplace, etc.) to draw excessively;
    have too strong an updraft:When the flue overdraws, all the heat goes right up the chimney.
  • 1325–75; Middle English; see over-, draw

Collins Concise English Dictionary © HarperCollins Publishers::

overdraw /ˌəʊvəˈdrɔː/ vb ( -draws, -drawing, -drew, -drawn)
  1. to draw on (a bank account) in excess of the credit balance
  2. (transitive) to exaggerate in describing or telling

'overdrawn' also found in these entries:

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