What is the meaning of KITING?

When used in the context of banking, refers 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. Can also refer to illegally increasing the face value of a check by changing the printed amount of the check. When used in the context of securities, it refers to the manipulation and inflation of stock prices.

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APABarry Goldsmith. (2010). kiting. Retrieved September 21, 2026, from http://smartdefine.org/kiting/definitions/1156819
ChicagoBarry Goldsmith. 2010. "kiting" http://smartdefine.org/kiting/definitions/1156819 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, kiting, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/kiting/definitions/1156819>.
MLABarry Goldsmith. "kiting" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/kiting/definitions/1156819>