An accounting trick by which a firm attempts to inflate its apparent cash position by depositing an internal check in an account without debiting the reported balance in the account on which it drew the check.
Compare: kiting (banking).

Kiwi Bond
June 17, 2022
Past Settlement Value
June 17, 2022
An accounting trick by which a firm attempts to inflate its apparent cash position by depositing an internal check in an account without debiting the reported balance in the account on which it drew the check.
Compare: kiting (banking).