Definition of "kiting" []

• Present participle of kite. (verb)

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• "In a related discussion on Slashdot, solprovider points out that ICANN's new policy may also put an end to what Network Solutions describes as "domain kiting," where several (possibly related) companies keep passing domain registrations from one to the next by taking advantage of the free grace period, effectively preventing the domains from ever being available to the public."
• "The RCMP say cheque-kiting is a fraudulent act whereby cash is recorded in more than one bank account, but in reality, the cash is either non-existent or is in transit."
• "Registrars involved in kiting scam, register thousands of domains against the large amount of money they deposit with Registry."