kiting
2
9.9
- noun
- /ˈkaɪtɪŋ/
- NSFW
:
fraude de cheques
- Labboun was convicted in 2010 of federal bank fraud charges, in what amounted to little more than a garden variety check kiting scheme.
- check kiting
- kiting scheme
- kiting scandal
Examples
-
If he loves to legislate, then where was he during the post office and check-kiting scandals of the mid-1990s, which ultimately brought down the Democratic House Majority for the first time in forty years?
Blog text (16) -
For the Dems reading this, it means the economic kiting being practiced is about to go belly up should Romney win.
Blog text (23) -
Kiting money from one account to another to keep things covered.
Fiction book (1990) -
One of them had a rap for check kiting.
Fiction book (1997) -
In '77, he pleaded "no contest" to a charge of check kiting.
-
Optimism is a grand ideal, but not when you're check kiting between the Treasury, the TBTFs, and the Federal Reserve.
Blog text (5) -
The accountant was convicted of kiting after transferring funds between accounts to misrepresent the company's financial status.
-
The local authorities conducted an investigation into the kiting operations at several bank branches.
-
After being caught in a kiting scheme, he faced serious legal consequences for his fraudulent activities.
Antonyms
Surface Forms
Morphology
Etymology
Kiting in finance gets its name from the idea of a kite that 'floats', because people move checks or transfers so money appears to float between accounts for a short time. That's why kiting means writing bad checks or shifting funds to create a false, temporary balance.