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May 07, 2019 · Carried out within the banking system, kiting typically involves passing a series of checks at two or more banking institutions, using accounts that have insufficient funds. Relying on the float...
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. What Does Kiting Mean? The concept of kiting is quite simple.
noun a light frame covered with some thin material, to be flown in the wind at the end of a long string.
kiting - traduction anglais-français. Forums pour discuter de kiting, voir ses formes composées, des exemples et poser vos questions. Gratuit.
Kiting 1. The illegal practice of deliberately misrepresenting the value of a security or transaction in order to extract more funds from a counterparty. 2.
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