Usually means: Spending more money than available.
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We found 5 dictionaries that define the word overdrafting:

General (5 matching dictionaries)
  1. overdrafting: Wordnik
  2. overdrafting: Wiktionary
  3. overdrafting: Infoplease Dictionary
  4. overdrafting: Dictionary.com
  5. Overdrafting: Wikipedia, the Free Encyclopedia

(Note: See overdraft as well.)

Definitions from Wiktionary (overdrafting)

noun:  The process of extracting groundwater beyond the safe yield or equilibrium yield of the aquifer.

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