kite
noun
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Definition of kite
(Entry 1 of 2)
kite
verbDefinition of kite (Entry 2 of 2)
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Other Words from kite
Noun
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adjective
Verb
Synonyms & Antonyms for kite
Synonyms: Noun
bloodsucker, buzzard, harpy, predator, shark, vampire, vulture, wolf
Antonyms: Noun
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Examples of kite in a Sentence
Noun
The children were flying kites. characterized the neighborhood store owners as kites who ruthlessly gouged their inner-city customersRecent Examples on the Web: Noun
Arcturus appears to be at the tail of a giant upright celestial kite. — Mike Lynch, Twin Cities, "Sky Watch: The summer hunter begins his long goodbye," 25 Aug. 2019 The spacecraft also had solar cells embedded in its kite-shaped sail to generate electricity. — Amy Thompson, Smithsonian, "LightSail 2 Launches to Space to Soar on the Power of Sunshine," 25 June 2019 Shrines, palaces, markets, terraced rice paddies, elephants, kite-flying children, dazzling saris, and clamorous street life provide unparalleled opportunities for photographers. — National Geographic, "India High School Expedition," 17 June 2019 Afterward, lounge on the massive lawn and watch families flying kites (501 Norzagaray Street, nps.gov/saju). — Sara Clemence, WSJ, "Puerto Rico on the Rebound: A Three-Day Getaway Guide," 26 Dec. 2018 Each skier wore a wet suit and a life vest, and kite surfing harnesses that allowed them to secure the rope handle and rest their arms part of the time. — Bruce Vielmetti, Milwaukee Journal Sentinel, "Can you waterski across Lake Michigan? Yep. Two teens skiied 62 miles from Wisconsin to Michigan," 14 Aug. 2019 Mayol, the main trimmer and kite trimmer on Wood’s crew, voiced a desire to return the U.S. to the top of the Governor’s Cup standings after Australia’s Harry Price won his second tournament title last year. — Andrew Turner, Daily Pilot, "David Wood sails again for Balboa Yacht Club in Governor’s Cup," 17 July 2019 The three-day event also includes a family-fun tent, carnival rides, a food court and performances by skydivers and a stunt-kite team. — Greg Crawford, Detroit Free Press, "The weekend: Golf tales from David Feherty, Balloonfest, festivals in Trenton and Taylor," 26 June 2019 Sentence after sentence hums like a line from an extended poem, with passages that seem to dance as vividly as Buddy’s kite. — Danny Heitman, WSJ, "An Ode to Holiday Companionship," 21 Dec. 2018Recent Examples on the Web: Verb
The ecommerce giant maintains a list of restricted product categories that ranges from weapons such as firearms, to booze and tobacco products, to pets, to kite strings for the niche sport of kite fighting. — Louise Matsakis, WIRED, "Why You Still Can’t Buy Fireworks on Amazon," 1 July 2019 My favorite board to kite on in all different conditions, from big waves to small, mushy waves. — David Walters, Marie Claire, "Let Moona Whyte Explain "Body Dragging"," 24 May 2018 Here's hoping City Hosts will have a different outcome — and to consequently kite surfing in San Fran. — Kelsey Kloss, ELLE Decor, "Airbnb Testing "City Hosts" To Pair Travelers With Local Tour Guides," 15 Sep. 2016 After departing the White House in January, Obama has spent the last six months on a world tour, doing everything from whitewater rafting in Bali and exploring Italy to kite surfing on Richard Branson's private island. — Zoë Weiner, Glamour, "Celebrities Take to Twitter to Wish Barack Obama a Happy Birthday," 4 Aug. 2017 Here's hoping City Hosts will have a different outcome — and to consequently kite surfing in San Fran. — Kelsey Kloss, ELLE Decor, "Airbnb Testing "City Hosts" To Pair Travelers With Local Tour Guides," 15 Sep. 2016These example sentences are selected automatically from various online news sources to reflect current usage of the word 'kite.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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More Definitions for kite
kite
verbFinancial Definition of kite
What It Is
Kiting is the illegal practice of exploiting settlement delays to transfer unavailable funds from one bank account to another.
In the brokerage industry, kiting occurs when a securities firm fails to settle buy and sell orders by the proper settlement deadline.
How It Works
Let's say you have a checking account at Bank ABC and a checking account at Bank XYZ. You use the Bank ABC account to pay the household utility bills, and your electric bill is set up on autopay. Your electric bill this month is $200, and it's going to come out of the Bank ABC account today. However, you only have $15 in the account.
You could move money into the account from the Bank XYZ account, but that account only has $5 in it, so that won't work. If you engage in kiting, you would write a Bank XYZ check for $200 to the Bank ABC account. You take the $200 check to Bank ABC, which instantly credits your ABC account with $200 -- enough to pay the bill. You do this knowing that you don't have $200 in the Bank XYZ account but that actually takes two days for the check to settle. In other words, you won't see a $200 deduction in your Bank XYZ account for two days. If, say, your $1,000 paycheck is scheduled to be deposited into the Bank XYZ bank account tomorrow, you might be tempted to do this, but the act of transferring money you don't have is still kiting.
Why It Matters
Kiting is more difficult to pull off these days, because settlement times have shortened dramatically. Banks also often put holds on deposits, and of course they charge hefty fees for bounced checks.
Source: Investing Answers
kite
noun
English Language Learners Definition of kite
See the full definition for kite in the English Language Learners Dictionary
kite
noun