I agree with what Monika said. It is also sometimes used to darken the colors below it, in that case, Darken blend mode has the same effect and can also be used when colors have a common ink. When Darken instead of Overprint is used with Spot colors, it will still separate them on their own plate and it has the advantage that, when the Spot color has somehow to be converted to process colors and the conversion contains percentages of underlying inks, it will still darken the result below it.
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