Simple past tense and past participle of kite.(verb)
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Use "kited" in a sentence
"The Ducati jerked, righted itself, then blasted forward into some kind of kited-up supergear."
"This paper currency they are churning out and spending with abandon must be backed by something of value - or have they failed to grasp that the recent collapse of world markets was caused by the same lack of substance in the worthless paper that was being "kited" by traders?"
"The list also includes Joe Waldholtz, a con man and husband of former Rep. Enid Greene Waldholtz (R-UT) who kited more than a million dollars in bad checks and ended up in prison."