Wiktionary
rubber check
n. A check that is rejected by the bank against which it is drawn for insufficient funds.
Usage examples of "rubber check".
The locksmith at this point knew he had a junkie debtor who'd written him a rubber check and didn't care shit and had no intention of making good.
In theory, I could have dropped Alvin Limardo a note, but it might have come bouncing back at me with all the jauntiness of his rubber check, and then where would I be?
They could have gotten a message to Catlin in a hundred other ways, but they're used to rousting rubber check artists.