Definitions

from The Century Dictionary.

  • noun The amusement of flying kites.
  • noun The practice of raising money or sustaining one's credit by means of accommodation bills or other fictitious commercial paper. Also called simply kiting.

from the GNU version of the Collaborative International Dictionary of English.

  • noun Cant, Cant, Cant A mode of raising money, or sustaining one's credit, by the use of paper which is merely nominal; -- called also kiting.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun The flying of kites.
  • noun archaic A mode of raising money, or sustaining one's credit, by the use of paper which is merely nominal.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

kite +‎ flying

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Examples

  • Playing cards, playing chess, gambling, and kiteflying are forbidden.

    A Thousand Splendid Suns Hosseini, Khaled 2007

  • He soon became known to every boy in the school; and though he never took an active part in any game but kiteflying, was as deeply interested in all our sports as any one among us.

    XVII. Somebody Turns Up 1917

  • Bump, skid, slew, pancake landing, fucking washouts from kiteflying school, gray Swiss dawn light through little windows and every joint, muscle, and bone in Slothrop is sore.

    Gravity's Rainbow Pynchon, Thomas 1978

  • I didn’t well know that Hansen has made a kiteflying claim of a super El Nino.

    Road Map #3 « Climate Audit 2006

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