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 ?
A survey, designed to find out about the nation's wallpapering habits, revealed that women now play the main decorating role, with 57 per cent saying they would do the wallpapering, compared to just 29 per cent of men.
This is how wallpapering actually is: A Peel back a bit of wallpaper.
WHEN you start wallpapering a room, it pays to tackle the easiest wall first, ie the one with no obstacles, so you can get into your stride before hitting the tricky bits.
With her new range of wallcoverings hitting the shops on October 24, TV property expert Kirstie Allsopp shares her wallpapering do's and don'ts.