Idioms

bad paper

Also found in: Financial.

bad paper

A bounced check (one that cannot yield money because it is drawing from an account with insufficient funds). This better not be bad paper—I really need the money. A lot of bad paper has been circulating in the area lately, claiming to be from the local university; in reality, they are scams trying to swindle people out of money. I hear some creep has been passing through the state, depositing bad paper on Fridays and then skipping town before the banks are open on Monday.
See also: bad, paper
Farlex Dictionary of Idioms. © 2024 Farlex, Inc, all rights reserved.

bad paper

n. bad checks; a bad check. She got six months for passing bad paper.
See also: bad, paper
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.
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References in periodicals archive
Building on the success of the bad paper activity and recognizing that the support of nursing citation needs was putting a significant stress on the already small library faculty, the idea for the peer-review of student papers arose.
(10) The remaining 260,000 were "bad paper" discharges--either Other than Honorable (also sometimes termed Undesirable), Bad Conduct, or Dishonorable Discharges.
"Printing new banknotes comes in light of a studied plan put in 2005 to replace the old and bad paper money and put new ones into circulation with more complicated security specifications to prevent them from counterfeit," The Central Bank said in a statement.
Fannie mad Freddie didn't mind acquiring bad paper because they could bundle mortgages, good mad bad, and sell them worldwide as mortgage-backed securities with AAA ratings generously supplied by the three federally approved bond-rating firms--Fitch, Standard & Poor's, and Moody's.
"Borrowers defaulted on their loan repayments and banks were left holding bad paper and properties, whose deflated values would not cover outstanding loans."
Although the freshmen in Christ College do not receive letter grades for their work during the first semester, none of them wanted to turn in a bad paper. More important, though, were the Writing Center's welcoming atmosphere and our willingness to be flexible and adapt to a new style of consultation.
It was 38 pages on bad paper and there was lots of JFA in there, but we'd read it until we had it memorized.
In the second quarter of 2007--excluding ANB's loans and the three thrifts--the banks had a collective $141.5 million of loan value in non-accrual status, so the June 30 number represents a 121 percent increase in bad paper.
And how much of this bad paper was then sold as rock-solid investments?
He also took issue with Blethen's "crummy" newspaper view, claiming "if the crummy paper is owned locally or owned nationally, it does not serve the public, it is a bad paper."
But many are still weary when, or if, that bad paper will hit the market.
The chapter on black ink alone should be required reading for all novice printers: "The color of the work can be increased only by the quality of the ink; the better the quality of the ink the more time it will take the pressman to work it, and the better may be the paper; it is impossible to work fine ink upon bad paper" (T.C.
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