How Do You Spell KITED?

Pronunciation: [kˈa͡ɪtɪd] (IPA)

The word "kited" is spelled with four letters: K-I-T-E-D. In phonetic transcription, it is pronounced /kaɪtɪd/. The "k" sound is followed by a long "i" sound, then the "t" sound, and finally the "d" sound. The word "kited" is the past tense of the verb "kite", which means to fly a kite or to write a check without enough money in the bank to cover it. The correct spelling and pronunciation of words is important for effective communication.

KITED Meaning and Definition

  1. Kited is a verb that refers to the act of writing a bad or fraudulent check. It is typically done by deliberately writing a check for an amount greater than the funds available in the bank account, with the intention of using the time delay in the clearing process to deposit the necessary funds before the check is presented for payment. This practice is illegal and considered a form of check fraud.

    The term "kited" originates from the action of flying a kite, where the check writer is essentially using the time gap between writing the check and its clearance to buy time and temporarily deceive the payee or recipient into believing that the funds are available.

    Kiting often involves multiple bank accounts or financial institutions to manipulate the check clearing process. The individual may also engage in a cycle of writing additional checks to cover previous ones, creating a complex web of fraudulent transactions.

    The consequences of kiting can be severe, ranging from criminal charges to imprisonment, fines, and damage to one's financial reputation. Financial institutions have implemented measures to detect and prevent kite activities, such as automated systems that monitor check transactions and analyze patterns of behavior to identify potential fraud.

    In summary, to "kite" refers to writing a check for an amount greater than the available funds in the account, intending to temporarily deceive the recipient and manipulate the check clearing process, often leading to fraudulent transactions and severe legal consequences.

Common Misspellings for KITED

Etymology of KITED

The word "kited" has its origins in the early 18th century, derived from the noun "kite". The noun "kite", in turn, comes from Middle English "kyte", which was used to describe a bird of prey, particularly a species of hawk known as the "red kite". The verb "kite" originally referred to the hovering or swooping motion of a bird, but it later took on a figurative meaning related to financial activities. In the context of finance, to "kite" means to increase or overstate the value of an asset or to artificially inflate financial figures.

Idioms with the word KITED

  • kited The idiom "kited" is used to describe a situation where a check or other financial document is written for an amount greater than the actual funds available. This is typically done with the intention of taking advantage of the delay in processing the payment to temporarily access funds that are not currently in the account.

Similar spelling words for KITED

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