| 单词 | kiting |
| 释义 | > as lemmasˈkiting ˈkiting n. the raising of money on credit; the passing of forged or unbacked cheques. Cf. kite-flying n. 2. ΘΚΠ society > trade and finance > money > circulation of money > [noun] > passing of money > passing of counterfeits > passing of forged or unbacked cheques kite-flying1834 kiting1872 paperhanging1927 1872 Congress. Globe 3 Apr. 2128/2 They may hold the bonds, as has often been done in kiting corporations, and then take the property they have thus swindled the public out of. 1942 L. V. Berrey & M. Van den Bark Amer. Thes. Slang §556/1 Kiting, kite flying, extending credit or sustaining a balance in the bank by means of ‘kites’. 1960 F. Gibney Operators vi. 158 Check kiting..is a different and more complex process than forging... Few up-and-coming businessmen..can claim to have resisted the temptation to write a pressing check just a day or two before some money is due, in the prayerful expectation that their deposit will get into the bank's ledgers before the check they have cashed comes home to roost. 1969 ‘E. Lathen’ Murder to Go (1970) xvii. 173 If it had been a question of..kiting a cheque—well, that wouldn't surprise you at all. Clyde cut corners all his life. 1970 ‘R. Lewis’ Wolf by Ears iii. 137 The technical terms..are ‘kiting’ and ‘lapping’. Money is transferred between two accounts, recording the receipt prior to the balancing date and the payment after the balancing date. That's ‘kiting’. < as lemmas |
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