Overdraw \O`ver*draw"\, v. t. [imp. {Overdrew}; p. p. {Overdrawn}; p. pr. & vb. n. {Overdrawing}.] 1. To exaggerate; to overdo. [1913 Webster] 2. (Banking) To make drafts upon or against, in excess of the proper amount or limit; to draw more than the balance in one's account. [1913 Webster +PJC]