Overfitting is a statistical model or machine learning algorithm which captures the noise of the data. Underfitting is a model or machine learning algorithm which does not fit the data well enough and occurs if the model or algorithm shows low variance but high bias.
In decision trees, overfitting occurs when the tree is designed to perfectly fit all samples in the training data set. This results in branches with strict rules or sparse data and affects the accuracy when predicting samples that aren’t part of the training set.