Definitions for "Check kiting"
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.