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Related to rubber check: Insufficient funds
A written order to a bank for a certain amount of funds that has been dishonored because such funds are not available in the account in question. "Rubber" here is a play on the bouncing of a check. Primarily heard in US, South Africa. My ex-husband has been writing rubber checks all across the state.
A check drawn on an account without the funds to pay it, as in He's been handing out rubber checks right and left, but the police have caught up with him . The rubber alludes to the fact that, like rubber, the check "bounces," in this case back from the bank. [Slang; c. 1920]
rubber chequea cheque that is returned unpaid. informal humorous
The expression plays on the idea of a cheque that ‘bounces’, or is unpaid because there are insufficient funds in the drawer's account to cover it.
n. a check that bounces; a forged check. (see also bounce.) The bank says I wrote a rubber check, but I’m sure there was enough money on deposit.