For Kiting we have terms and definitions in 5 topics. The topics are Accounting, Accounting Terms, Finance, Frauds and Scams and Investing.

Kiting (Accounting)

when used in the context of bankingrefers 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 securitiesit refers to the manipulation and inflation of stock prices.

Kiting (Accounting Terms)

Writing checks against a bank account with insufficient funds to cover them, hoping that the bank will receive deposits before the checks arrive for clearance.

Kiting (Finance)

Used in of 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.

Kiting (Frauds and Scams)

1) Practice of sustaining credit or of raising money by causing stock prices to rise through manipulative trading methods. 2) Orchestrated bank deposit scheme where bad checks are deposited to cover other bad checks.

Kiting (Investing)

Practice of sustaining credit or of raising money by causing stock prices to rise through manipulative trading methods.

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