Wallpaper

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Wallpaper

A security with no monetary value.

Wallpaper

A security that has become worthless due to a bankruptcy or for some other reason. For example, when General Motors went into bankruptcy in 2009, its stock continued to be traded over-the-counter. However, because there was very little value to the company, it was treated as wallpaper. That is, the owners of GM stock might as well use the certificates as wallpaper in their houses because the stock was worth nothing.
References in periodicals archive ?
As seen in Wall-paper Detail 1 and Wall-paper Detail 2, the textures and patterns from an assortment of wallpaper design motifs viscerally anchored the portraits to their domestic past.
Wall-paper Detail 3 illustrated that no two medallions were alike.
Portions of those interviews found their way into Wall-Paper, where Hughes Villa reproduced written fragments from the transcripts of the past conversations onto several medallions.
While a number of 19th-century readers did appreciate the message hidden in "The Yellow Wall-Paper," the story especially resonated with many in the women's movement of the 1970s.
Shunryu Suzuki a little Japanese living and teaching in California couldn't be my teacher one of my non-teachers a little lit match from God's matchbox sea wind soon blew out somewhere between California and Estonia somewhere between East and West between somewhere and nowhere nobody can find out what remained of him after the wind has blown and the tide come and gone - the white sand as smooth as before - but his smile from the back cover of Zen Mind Beginner's Mind has silently infected book after book on my shelves and perhaps shelves themselves and walls and wall-paper too
YOUR wife famously once said you could wall-paper the house with paternity suits.
But when she switches the light off the stories carry on with characters coming out of the wall-paper, carpet and ceiling.
The coverage in 2005 included racing news, updates on F1 legends, a special on Narain Karthikeyan, picture galleries and wall-papers.
The problem with designer wall-papers is that they usually come with a hefty designer price tag.