Rubber Check
A Rubber Check colloquially refers to a check that cannot be processed due to insufficient funds, highlighting financial instability or mismanagement.
Benefits
A rubber check is a check that bounces due to insufficient funds, showing financial instability.
Frequently Asked Questions
What is the run rate for a startup?
The run rate projects a startup’s future performance by extrapolating current revenue or costs over a year.
What is a check with insufficient funds called?
A check with insufficient funds is called a bounced check or an NSF check.
What happens when a check bounces due to insufficient funds?
The bank won’t process the check, which can lead to fees or even legal issues.
Key Takeaway
A rubber check indicates financial trouble due to a lack of funds.