Definition of: kite

(kīt)
1. Any of certain birds of prey of the hawk family (Falconidae), having long, pointed wings and a forked tail. Some species are scavengers, as the pariah kite (genus Milvus) of India.
2. A light frame, usually of wood, covered with paper or some light fabric, to be flown in the air at the end of a long string.
3. Naut. One of several light sails for use in a very light wind, as skysails.
4. In commerce, any negotiable paper not representing a genuine transaction but so employed as to obtain money, sustain credit, etc.; also, a bank check which is drawn with insufficient funds on deposit to secure the advantage of the time period prior to collection: considered to be a malpractice.
5. A shrewd and greedy bargainer; a sharper.
—to fly one's own kite To tend to one's own affairs.
—v. Kit·ed, kit·ing v.i.
1. To soar or fly like a kite; move along swiftly.
2. In commerce, to obtain money or credit by the use of kites.
—v.t.
3. In commerce, to issue as a kite. [OE cӯta]
TYPES OF KITES (def. 2)