Kiting

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

Related Terms: 6 Account, Benefit, Check, Float, Legal, Leg

Other Related Pages: Category: Banking Starting With: K

Additional Related Terms: 10-K, Account, Accounts receivable, Accounts receivable aging, Accounts receivable turnover, Account statement, Allowance for depreciation, Account aggregation, Account balance, Active account