Англо-русский экономический словарь.
kiting checks — A practice, not to be recommended, indulged by a person short in both cash and credit, in taking care of an overdraft in one bank by depositing therein a check drawn on a bank at some distance, that is, in another city or village, which will… … Ballentine's law dictionary
kiting — kit·ing / kī tiŋ/ n: check kiting Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. kiting … Law dictionary
Kiting — 1. The act of misrepresenting the value of a financial instrument for the purpose of extending credit obligations or increasing financial leverage. 2. A fraudulent act involving the alteration or issuance of a check or draft with insufficient… … Investment dictionary
kiting — 1. The practice of writing checks from one bank account and depositing them in another, in order to temporarily inflate an organization’s *cash holdings. Kiting is a *fraudulent use of the time taken by checks to clear through a banking system. 2 … Auditor's dictionary
kiting — The wrongful practice of taking advantage of the float, the time that elapses between the deposit of a check in one bank and its collection at another. Method of drawing checks by which the drawer uses funds which are not his by drawing checks… … Black's law dictionary
kiting — The wrongful practice of taking advantage of the float, the time that elapses between the deposit of a check in one bank and its collection at another. Method of drawing checks by which the drawer uses funds which are not his by drawing checks… … Black's law dictionary
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. Bloomberg Financial Dictionary Also refers to… … Financial and business terms
Check kiting — is the illegal act of taking advantage of the float to make use of non existent funds in a checking or other bank account; it is a form of check fraud. It is commonly defined as intentionally writing a check for a value greater than the account… … Wikipedia
check kiting — n. A scam in which an individual deposits worthless checks in different banks and uses his or her good credit to withdraw funds before the checks clear, attempting to deposit the money into the account on which the check is drawn before the… … Law dictionary
check kiting — Practice of writing a check against a bank account where funds are insufficient to cover it and hoping that before it is deposited the necessary funds will have been deposited. First State Bank & Trust Co. of Edinburg v. George, Tex.Civ.App., 519 … Black's law dictionary
false checks — Offense of obtaining money by means and use of a check upon a bank, in which the drawer at the time had no funds or credit with which to meet the same, and which he had no reason to believe would honor such check upon presentation at said bank… … Black's law dictionary
