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kiting
(redirected from Kiter)

    Also found in: Medical, Legal, Financial, Wikipedia 0.04 sec.

kiting

US term for artificially boosting a company's value in its accounts. On the last day of the accounting period cash is paid into one current account from another. The account transferring the money out will not be debited in the accounting period but the new account will be credited in that period.



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? Mentioned in ? References in periodicals archive
 
Creating or designating an area for launching and landing allows curious spectators a safe boundary to view the activity, and a point of reference for kiters returning to shore.
Flight of fancy: kitesurfing is about to land in your waterfront ... by Wuttke, Douglas / Parks & Recreation
``There is a huge increase in interest in kite flying as a hobby and as a sport,'' said Judy Brown, president of Associated Oregon Kiters.
MORE THAN EVER, PEOPLE GO FLY A KITE by Daily News (Los Angeles, CA)
Even the most clever kiter cannot hide the signs that can accurately signal kiting activity.
Check kiting: detection, prosecution and prevention by Albrecht, W. Steve / The FBI Law Enforcement Bulletin
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