What's the difference between outdraw and overdraw?

Outdraw

Definition:

• (v. t.) To draw out; to extract.

Example Sentences:

Overdraw

Definition:

• (v. t.) To exaggerate; to overdo.
• (v. t.) To make drafts upon or against, in excess of the proper amount or limit.

Example Sentences:

• (1) That person overdraws by £501 and it suddenly becomes unauthorised.