What is Check Kiting?
1.
Referencing a personal bank account, the account holder will write a check knowing there is no money in the account in the hopes that by the time the check reaches the bank there will be money in the account. This system can also apply to cashing a check from an account and then depositing some of the cash in the same account in order to cover a previously written hot check. And repeating this process several times until the account holders gets paid.
POKER TABLE - Kiting someones checks means borrowing or taking chips from another player in order to play.
Jesus, I've been check kiting for three days. I need to hurry up and get paid.
After Tommy busted out of the game he kited like 2 dimes in checks from me to keep playing. He won it all back and then some!
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