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 ?
This is how wallpapering actually is: A Peel back a bit of wallpaper.
An easier alternative, for wallpapering in general and this job in particular, is paste-the-wall wallpapers.
The research, designed to find out about the nation's wallpapering habits, revealed that women now play the main decorating role, with 57% saying they would do the wallpapering, compared to just 29% of men.
TRICKY: Save the tricky bits to last when wallpapering