All > Business > Finance > Personal Finance

• Writing a check in an amount that will overdraw the account but making up the deficiency by depositing another check on another financial institution. For example, mailing a check for the mortgage when your checking account has insufficient funds to cover the check, but counting on receiving and depositing your paycheck before the mortgage company presents the check for payment.

  National Credit Union Administration - Cite This Source - This Definition
  ×

  Cite Definition for Kiting

  American Psychological Association (APA)

  Kiting. (n.d.). Pocket Cents Glossary. Retrieved February 4, 2023, from website: http://www.expertglossary.com/definition/kiting.

  Chicago Manual of Style (CMS)

  Kiting. www.mycreditunion.gov. Pocket Cents Glossary. National Credit Union Administration. http://www.expertglossary.com/definition/kiting (accessed: February 4, 2023).

  Modern Language Association (MLA)

  "Kiting." Pocket Cents Glossary. National Credit Union Administration. 4 February. 2023 http://www.expertglossary.com/definition/kiting.

• Browse Related Terms: affidavit, Asset management account (AMA), Charge-off, ChexSystems, Credit line, Drawer, Insufficient funds, Kiting, Lifeline account, Local check, money-market account, Negotiable-order-of-withdrawal account, Overdraft, Overdraw, Payee, Stale-Dated Check

Also listed in:

• All > Business > Banking
• All > Recreation > Games > World of Warcraft