kite

kite
v.
To write fraudulent checks; to write checks on an account with insufficient funds in the hopes that funds sufficient to cover the check will be deposited before the check is presented to the bank for payment.
n.
kiting, check kiting See also float

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


kite
v. To write a check while knowing that there are insufficient funds in one's account to cover it. Depending on the circumstances, check kiting is often a crime, especially if the drawer or maker has previously deposited a check from another bank into his account and hopes that the funds from that check will reach his account before the outgoing check is paid. Also called kiting and check kiting.
See also check.

Webster's New World Law Dictionary. . 2000.

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Look at other dictionaries:

  • Kite — (k[imac]t), n. [OE. kyte, AS. c[=y]ta; cf. W. cud, cut.] [1913 Webster] 1. (Zo[ o]l.) Any raptorial bird of the subfamily {Milvin[ae]}, of which many species are known. They have long wings, adapted for soaring, and usually a forked tail. [1913… …   The Collaborative International Dictionary of English

  • Kite — steht für: den englischen Begriff für Drachen ein Anime, Kite (Anime) eine Stadt in den USA, Kite (Georgia) Kite ist der Familienname folgender Personen: Michael Kite (* 1973), kenianischer Marathonläufer Tom Kite (* 1949), US amerikanischer… …   Deutsch Wikipedia

  • kite — ► NOUN 1) a toy consisting of a light frame with thin material stretched over it, flown in the wind at the end of a long string. 2) Brit. informal, dated an aircraft. 3) a long winged bird of prey with a forked tail and a soaring flight. 4)… …   English terms dictionary

  • kite — [kīt] n. [ME < OE cyta, akin to MLowG kuten, to gossip < IE echoic base * gou , to scream > Gr goan, to moan] 1. any of various accipitrine birds with long, pointed wings and, usually, a forked tail: they prey esp. on insects, reptiles,… …   English World dictionary

  • KITE — (Heb. דָּאָה da ah, דַּיָּה dayyah; AV, vulture; JPS kite ), a bird of prey of the genus Milvus, of which two species inhabit Israel: the M. milvus which in limited numbers winters in the country, and the dark brown M. migrans which is indigenous …   Encyclopedia of Judaism

  • Kite — Kite, v. i. To raise money by kites; as, kiting transactions. See {Kite}, 6. [Cant] [1913 Webster] …   The Collaborative International Dictionary of English

  • Kite — Kite, GA U.S. town in Georgia Population (2000): 241 Housing Units (2000): 140 Land area (2000): 0.804862 sq. miles (2.084582 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 0.804862 sq. miles (2.084582 sq. km)… …   StarDict's U.S. Gazetteer Places

  • Kite, GA — U.S. town in Georgia Population (2000): 241 Housing Units (2000): 140 Land area (2000): 0.804862 sq. miles (2.084582 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 0.804862 sq. miles (2.084582 sq. km) FIPS code …   StarDict's U.S. Gazetteer Places

  • Kite — Kite, n. The belly. [Prov. Eng. & Scot.] [1913 Webster] …   The Collaborative International Dictionary of English

  • Kite — カイト (Kaito) Género Drama, Thriller, Crimen, Animación, Terror psicológico, Cine negro Dirección Yasuomi Umetsu Estudio Arms …   Wikipedia Español

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