Before the check clears with the first account, the funds are immediately withdrawn from the second account. kite noun C BANKING, LAW US informal uk / kat / us an illegal act of using cheques that have been kited to obtain money: The kite can go on for weeks before one of the accounts goes into overdraft when the checks are returned. The check is then deposited into a different account. It involves drawing a check for a greater amount than is contained in the account. This licensing tag was added to this file as part of the GFDL licensing update. ayyah), a rapacious and keen-sighted bird of prey belonging to the hawk family. Check kiting is a common form of white-collar crime and check fraud.
Kite definition license#
share alike – If you remix, transform, or build upon the material, you must distribute your contributions under the same or compatible license as the original.
You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. from the name of a type of fighter-kite, meaning female fighter-kite.
Kite definition software#
Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. I, the copyright holder of this work, hereby publish it under the following licenses:
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