A form of check fraud where depositors are allowed to have immediate use of uncollected funds.
A fraudulent scheme in which a customer "makes money" by depositing fraudulent checks in one institution and withdraws them from before the fraud can be discovered.
The illegal practice of drawing a check upon a demand deposit account that contains no money or has insufficient funds. It is so called even if the person deposits someone else's check into his account prior to clearance of the check he previously drew and presented as payment for an obligation.
An attempt to draw against non-existent funds for fraudulent purposes. The depositor issues a check, overdrawing an account at one bank and deposits a check drawn on another bank, which is also drawn against insufficient funds.
A person writes a check without having enough money in his or her account to cover it, but he or she expects to be able to deposit the money before the check reaches the bank.
Check kiting is any sort of fraud that involves drawing out money from a bank account that does not have sufficient funds to cover the check. It is typically achieved by taking advantage of the float, the time between the negotiation of the check and its clearance at the check-writer's bank. This fraud is also known as paper hanging and carries a heavier pejorative connotation.