Kiting Definition

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Kiting Definition - Investopedia

    https://www.investopedia.com/terms/k/kited.asp
    May 07, 2019 · Kiting is the fraudulent use of a financial instrument such as a check to obtain additional credit that is not authorized. There are two variants of kiting:

Kiting Definition of Kiting at Dictionary.com

    https://www.dictionary.com/browse/kiting
    Kiting definition, kiteflying. See more. Finance.. a check drawn against uncollected or insufficient funds, as for redepositing, with the intention of creating a false balance in the account by taking advantage of the time lapse required for collection.

Kiting financial definition of Kiting

    https://financial-dictionary.thefreedictionary.com/Kiting
    Kiting Used in banking to refer to the practice of depositing and drawing checks at two or more banks and taking advantage of the time it takes for the second bank to collect funds from the first bank. Also refers to illegally increasing the face value of a check by changing the numbers on the check. In the context of securities, refers to the ...

Urban Dictionary: Kiting

    https://www.urbandictionary.com/define.php?term=Kiting
    In an MMORPG, you can grab a mob's attention and keep walking away from it which pulls it along. Not unlike a kite

Check-kiting Legal Definition Merriam-Webster Law Dictionary

    https://www.merriam-webster.com/legal/check-kiting
    Legal definition of check-kiting: the practice of drawing on uncollected funds during the time needed to clear a check deposited in a bank especially if the check is worthless —called also kiting.

What is Kiting? - Definition Meaning Example

    https://www.myaccountingcourse.com/accounting-dictionary/kiting
    Definition: Kiting, also called check kiting, is a fraudulent scheme that uses checks to embezzle money from a business. Kiting is usually committed by a bookkeeper or someone else with access to company checks and the ability to forge checks, but it can also be used by the company.

Check kiting Definition Bankrate.com

    https://www.bankrate.com/glossary/c/check-kiting/
    Check kiting relies on the fact that it takes banks a few days (or even longer for international checks) to determine that a check is bad. Deeper definition Federal banking regulations state that ...

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