Dictionary of Phrase and Fable—K

Kite-flying

To fly the kite is to “raise the wind,” or obtain money on bills, whether good or bad. It is a Stock Exchange phrase, and means as a kite flutters in the air by reason of its lightness, and is a mere toy, so these bills fly about, but are light and worthless. (See Stock Exchange Slang .)

Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
Kitely
Kite
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