kiting

Definition

Illegally benefiting from float, for example by depositing and drawing checks between accounts at two or more banks.

Use kiting in a sentence

The kiting scheme used by the criminal was effective for one day but then he had to pay back three times as much later.

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You must always make sure that you do not do any kiting or you will tarnish your reputation and may not be able to repair it.

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Mr. Wiley started with kiting, and now, after a few years of education courtesy of the state, has mastered the art of paper hanging.

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kite-flying kite