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Kiting |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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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 manipulation and inflation of stock prices. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| International Kiteboarding Organization (IKO) cofounder Eric Beaudonnat recommends kiting away from large crowds. Rubesh and his kiting compatriots are preparing for the first North American Buggy Championship Races, to be held Saturday through Monday at El Mirage Dry Lake here. Greer's kite was small compared to other kiting schemes. |
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