Business terms and jargon explained. Your business dictionary

What is KITING

This is where a cheque is written when there is insufficient funds to cover that amount in the bank account. This is normally done when there is expected to be funds in the account when the cheque is cashed.

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Fallen Angels	Kaffirs	Abatement	Offline
Forfeiture	Cyberspace	Net Pay	Free Zone Goods
Oversubscribed	Marginal Cost Pricing	Public corporations	Qualifying share
Break up value	Convertible Mark	Right of Support	Artificial Intelligence
Joint liability	Ward of Court	Not negotiable	Valuation reserve
Ex gratia	Bereaved minor	Bill of Lading	APR
CAM	Voidable	Costing Systems	AKA
Dong	REDCENT	Mouse potato	Per stirpes
Asset stripper	Bounced cheque	Per quod	LIFFE
Customs Release	Portfolio Analysis	Leverage	Somoni

Term created / updated 2005-07-16 23:12:15

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