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The American Heritage Dictionary of Idioms » rubber check
rubber check
rubber check idiom
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]
The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 2003, 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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