An overdrawn account (12)
I believe the answer is:
exaggeration
'account' is the definition.
The answer and definition can be both acts as well as being singular nouns.
Maybe there's an association between them I don't understand?
I don't understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for exaggeration that I've seen before include "Overstatement - overestimate" , "overstating the case" , "Something more noticeable" , "Hyperbole" , "lie" .)