bad paper

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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.
See also: bad, paper

bad paper

n. bad checks; a bad check. She got six months for passing bad paper.
See also: bad, paper
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.
The Fed bought up the bad paper, tripled the money supply, and lent at near zero interest to the banks.
The increases are an effort to correct the turmoil that began with this summer's subprime crisis, and are expected to cover the bad paper that has yet to appear on the market.