kiting
kiting. 1. CHECK-KITING. 2. Commercial law. Slang. Raising money on credit, often by using accommodation paper.
Search Results for: KITING
check kiting
check-kiting. The illegal practice of writing a check against a bank account with insufficient funds to cover the check, in the hope that the funds from a previously deposited check will reach the account before the bank debits the amount of the outstanding check. — Also termed kiting; check-flashing. [Cases: Banks and Banking 150. C.J.S.
criminal referral form
criminal-referral form. A form once required by federal regulatory authorities (from 1988 to 1996) for reporting every instance when a bank employee or affiliate committed or aided in committing a crime such as credit-card fraud, employee theft, or check-kiting. • This form, like the suspicious-transaction report, has since been superseded by the suspicious-activity report. —
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worthless check
worthless check 空头支票 签发的支票金额超过银行存款账户余额的支票，亦指以未开立的银行账户而签发的支票。明知其银行存款或信用不足而制作、签发或交付空头支票以套取银行信用的行为，在美国大多数州构成轻罪。 (→bad check; check kiting)
overdraft/od
overdraft/od n. 透支 １支票、汇票或其他付款要求超过可从中提款的贷方账户中的余额；２贷款凭单或订购单中所列余额超过预算或所拨资金额。 (→kiting; NSF check)