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Wallpaper

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
Wallpaper
The name given to stocks, bonds and other securities that have become worthless.

Notes:
The securities may have lost all monetary value because of bankruptcy or for other reasons. This term implies that since the certificates are worthless and you may as well wallpaper your house with them. Former dotcom companies that went bankrupt are good examples of wallpaper stocks.


Wallpaper
A security with no monetary value.

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