Kite″fly′ing (?), n. A mode of raising money, or sustaining one's credit, by the use of paper which is merely nominal; — called also kiting. — Kite″fli′er, n. See Kite, n., 6. McElrath. Thackeray.
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Webster's Dictionary 1913
Webster's Revised Unabridged Dictionary, C. & G. Merriam Co., 1913.