1.  Any raptorial bird of the subfamily Milvinæ, of which many species are known. They have long wings, adapted for soaring, and usually a forked tail. [1913 Webster]
" The European species are Milvus ictinus and Milvus migrans; the pariah kite of India is Milvus govinda; the sacred or Brahmany kite of India is Haliastur Indus; the American fork-tailed kite is the Nauclerus furcatus." [1913 Webster]

2.  Fig.: One who is rapacious. [1913 Webster]
"Detested kite, thou liest." [1913 Webster]

3.  A light frame of wood or other material covered with paper or cloth, for flying in the air at the end of a string. [1913 Webster]

4.  A lofty sail, carried only when the wind is light. [1913 Webster]

5.  A quadrilateral, one of whose diagonals is an axis of symmetry. Henrici. [1913 Webster]

6.  Fictitious commercial paper used for raising money or to sustain credit, as a check which represents no deposit in bank, or a bill of exchange not sanctioned by sale of goods; an accommodation check or bill. [1913 Webster]

7.  The brill. [1913 Webster]

8.  A form of drag to be towed under water at any depth up to about forty fathoms, which on striking bottom is upset and rises to the surface; -- called also sentry. [Webster 1913 Suppl.]

   To raise money by “kites;” as, kiting transactions. See Kite, 6. [1913 Webster]

   The belly. [1913 Webster]

kite, n. & v.
--n.
1 a toy consisting of a light framework with thin material stretched over it, flown in the wind at the end of a long string.
2 any of various soaring birds of prey esp. of the genus Milvus with long wings and usu. a forked tail.
3 Brit. sl. an aeroplane.
4 sl. a fraudulent cheque, bill, or receipt.
5 Geom. a quadrilateral figure symmetrical about one diagonal.
6 sl. a letter or note, esp. one that is illicit or surreptitious.
7 (in pl.) the highest sail of a ship, set only in a light wind.
8 archaic a dishonest person, a sharper.
--v.
1 intr. soar like a kite.
2 tr. (also absol.) originate or pass (fraudulent cheques, bills, or receipts).
3 tr. (also absol.) raise (money by dishonest means) (kite a loan).

Idiom:
kite balloon a sausage-shaped captive balloon for military observations. kite-flying fraudulent practice.

Etymology:
OE cyta, of unkn. orig.

N  money, legal tender, money matters, money market, finance, accounts, funds, treasure, capital, stock, assets, wealth, supplies, ways and means, wherewithal, sinews of war, almighty dollar, needful, cash, mammon, dough, cabbage, money-like instruments, M, M, sum, amount, balance, balance sheet, sum total, proceeds, currency, circulating medium, specie, coin, piece, hard cash, cold cash, dollar, sterling coin, pounds shillings and pence, Ls, d, pocket, breeches pocket, purse, money in hand, cash at hand, ready money, ready cash, slug, wad wad of bills, wad of money, thick wad of bills, roll of dough, rhino, blunt, dust, mopus, tin, salt, chink, argent comptant, bottom dollar, buzzard dollar, checks, dibs, double eagle, eagle, Federal currency, fractional currency, postal currency, Federal Reserve Note, United States Note, silver certificate, gold certificate, long bit, short bit, moss, nickel, pile, pin money, quarter, red cent, roanoke, rock, seawan, seawant, thousand dollars, grand, single, one-dollar bill, two- dollar bill, five-dollar bill, fiver, fin, Lincoln, ten-dollar bill, sawbuck, twenty-dollar bill, Jackson, double sawbuck, fifty-dollar bill, hundred-dollar bill, C-note, penny, cent, Lincoln cent, indian head penny, copper, two-cent piece three-cent piece, half- dime, nickel, buffalo nickel, V nickel, dime, disme, mercury dime, quarter, two bits, half dollar, dollar, silver dollar, Eisenhower dollar, Susan B, Anthony dollar, precious metals, gold, silver, copper, bullion, ingot, nugget, petty cash, pocket money, change, small change, small coin, doit, stiver, rap, mite, farthing, sou, penny, shilling, tester, groat, guinea, rouleau, wampum, good sum, round sum, lump sum, power of money, plum, lac of rupees, major coin, crown, minor coin, monetarist, monetary theory, numismatics, chrysology, numismatist, paper money, greenback, major denomination, minor denomination, money order, postal money order, Post Office order, bank note, bond, bill, bill of exchange, order, warrant, coupon, debenture, exchequer bill, assignat, blueback, hundi, shinplaster, note, note of hand, promissory note, I O U, draft, check, cheque, back-dated check, negotiable order of withdrawal, NOW, remittance, credit, liability, drawer, drawee, obligor, obligee, moneyer, coiner, false money, bad money, base coin, flash note, slip, kite, fancy stocks, Bank of Elegance, argumentum ad crumenam, letter of credit, circulation, multiplier effect, inflation, double-digit inflation, hyperinflation, erosion of the currency, debasement of the currency, deflation, stagflation, exchange rate, rate of exchange, floating exchange rates, fixed rates, currency counter, currency exchange, bureau de change, gold-backed currency, gold standard, silver standard, bank account, savings account, checking account, money market account, NOW account, time deposit, deposit, demand deposit, super NOW account, certificate of deposit, CD, $, US$, Y, A$, Federal Reserve Bank, central bank, Federal Reserve Board, board of governors of the Federal Reserve, Treasury Department, Secret Service, mint, bureau of engraving, seigniorage, counterfeit, funny money, bogus money, (falsehood), interest, interest rate, discount rate, monetary, pecuniary, crumenal, fiscal, financial, sumptuary, numismatic, numismatical, sterling, nummary, barbarus ipse placet dummodo sit dives, but the jingling of the guinea helps the hurt that, Gelt regiert die Welt, money rules the world, money makes the world go round, nervos belli pecuniam infinitam, redet Geld so schweigt die Welt, money is the mother's milk of politics, money is the root of all evil, money isn't everything, as phony as a three-dollar bill, don't take any wooden nickels.

N  ship, vessel, sail, craft, bottom, navy, marine, fleet, flotilla, shipping, man of war, transport, tender, storeship, merchant ship, merchantman, packet, liner, whaler, slaver, collier, coaster, lighter, fishing boat, pilot boat, trawler, hulk, yacht, baggala, floating hotel, floating palace, ocean greyhound, ship, bark, barque, brig, snow, hermaphrodite brig, brigantine, barkantine, schooner, topsail schooner, for and aft schooner, three masted schooner, chasse-maree, sloop, cutter, corvette, clipper, foist, yawl, dandy, ketch, smack, lugger, barge, hoy, cat, buss, sailer, sailing vessel, windjammer, steamer, steamboat, steamship, liner, ocean liner, cruiseship, ship of the line, mail steamer, paddle steamer, screw steamer, tug, line of steamers, destroyer, cruiser, frigate, landing ship, LST, aircraft carrier, carrier, flattop, nuclear powered carrier, submarine, submersible, atomic submarine, boat, pinnace, launch, life boat, long boat, jolly boat, bum boat, fly boat, cock boat, ferry boat, canal boat, swamp boat, ark, bully, battery, bateau, broadhorn, dory, droger, drogher, dugout, durham boat, flatboat, galiot, shallop, gig, funny, skiff, dingy, scow, cockleshell, wherry, coble, punt, cog, kedge, lerret, eight oar, four oar, pair oar, randan, outrigger, float, raft, pontoon, prame, iceboat, ice canoe, ice yacht, catamaran, hydroplane, hovercraft, coracle, gondola, carvel, caravel, felucca, caique, canoe, birch bark canoe, dugout canoe, galley, galleyfoist, bilander, dogger, hooker, howker, argosy, carack, galliass, galleon, polacca, polacre, tartane, junk, lorcha, praam, proa, prahu, saick, sampan, xebec, dhow, dahabeah, nuggah, kayak, keel boat, log canoe, pirogue, quadrireme, trireme, stern-wheeler, wanigan, wangan, wharf boat, balloon, airship, aeroplane, biplane, monoplane, triplane, hydroplane, aerodrome, air balloon, pilot balloon, fire balloon, dirigible, zeppelin, aerostat, Montgolfier, kite, parachute, jet plane, rocket plane, jet liner, turbojet, prop-jet, propeller plane, corporate plane, corporate jet, private plane, private aviation, airline, common carrier, fighter, bomber, fighter-bomber, escort plane, spy plane, supersonic aircraft, subsonic aircraft, afloat, aboard, on board, on ship board, hard a lee, hard a port, hard a starboard, hard a weather.

black kite, box kite, eddy kite, finbat kite, kite balloon, kite tail, sport kite, stunt kite, swallow-tailed kite, white-tailed kite