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What does overdrawn mean?

Looking for the meaning or definition of the word overdrawn? Here's what it means.

Verb
  1. past participle of overdraw
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Examples
The department's bank account was overdrawn by R40m, which is a gross violation of Treasury regulations.
We are now overdrawn in our bank account because we are living on such a tight budget and rely on the tax credits.
If you go overdrawn without agreement on your bank account you get stung by penalty charges and punitive rates of interest.
My bank incorrectly debits a transfer twice from my account, sending me massively overdrawn and making my account unusable for days.
Rothko stresses that the contrast between abstract and representational painting is overdrawn, that all art has subject matter.
His back catalogue became valuable, and he went from being overdrawn at the bank to multi-millionaire status in those few years.

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