1) Check no-no 2) Kiteflying 3) Moving along swiftly 4) Passing bad checks 5) Slang for passing dud cheques 6) Writing a bad check 
Drawing a bank check on insufficient funds to take advantage of the time required for collection.
Moving while avoiding attack
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. Also refers to illegally increasing the face value of a check by changing the numbers on the check. In the context of securities, refers to the manipulatio...
Used in of banking to refer to the practice of depositing and drawing checks at two or more banks an
Illegally taking advantage of the time it takes checks or other instruments to clear (the float), by writing bad checks between different accounts. Because a bank doesn't realize that there are insufficient funds in the account, it may honor a bad check. Also called check kiting.
Kiting is slang for passing dud cheques.
- Writing checks against a bank account with insufficient funds to cover them, hoping that the bank will receive deposits before the checks arrive for clearance.
kiteflying. · See
Kiting, also called check kiting, is a fraudulent scheme that uses checks to embezzle money from a business. Kiting is usually committed by a bookkeeper or someone else with access to company checks and the ability to forge checks, but it can also be used by the company.