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Glossary > K > "Kiting" Definition

Kiting

1. The act of misrepresenting the value of a financial instrument for the purpose of extending credit obligations or increasing financial leverage.

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Kiting - 1. The act of misrepresenting the value of a financial instrument for the purpose of extending credit obligations or increasing financial leverage.

Kiting : 1. the act of misrepresenting the value of a financial instrument for the purpose of extending credit obligations or increasing financial leverage.