kiting what is
Meaning of Kiting explanation. What is and drawing checks at two or more banks and taking advantage.

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Kiting definition

Meaning KITING: 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.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

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Definition Key Man (Or Woman) Insurance:
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Definition Kickback:
Examples finance, refers to compensation of dealers by sales finance companies for discounting installment purchase paper.In the context of contracts, refers to secret payments made to insure that the kiting meaning.
Definition Knock-Out Option:
Examples An option that- is worthless at expiration if the underlying commodity or currency price reaches a specific price level kiting abbreviation.
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