| 单词 | check kiting |
| 释义 | check kiting noun[U] US(UKcheque kiting)ukusBANKING,LAW used in the US todescribetheillegalactof puttingmoneyinto abankaccountusing achequefrom anotheraccountthat does not have enoughmoneyin it tocoverthecheque, and then taking themoneyout of the firstaccount: He wasconvictedofcheckkiting andsenttoprison. amassivecheck-kitingscheme Examplesofcheck kitingcheck kiting This strategy, known as chaining, is a form ofcheckkiting. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.The same scoring approach was also used to identify high-riskcheckkitingaccounts, potentially fraudulent travel agents, and questionable vendors. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.The purpose ofcheckkitingis to falsely inflate the balance of a checking account in order to allow written checks that would otherwise bounce rather than clear. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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