Wallpaper

(redirected from Wall Papers)
Also found in: Dictionary, Thesaurus, Encyclopedia.

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 ?
AUCKLAND, New Zealand -- CRE8's (NZAX: PLS) subsidiary company Content Technology Mexico announced today that Nuevatel Bolivia, a leading Wireless Carrier, has chosen Content Technology to be its White Label provider of numerous multimedia services including Ring Tones, Wall Papers, Java Games, Chat Services, etc.
The new user interface design will bring improved features such as an updated Amigo paper, wall papers application, enhanced security and more.
With over 60 specialised showrooms, Union Mall offers a wide selection of building and interior design materials and accessories including ceramic and granite, glass and aluminum, sanitary ware, floor and ceiling materials, wall papers, lighting equipment and doors and stairs.
Sheraton CairoeCOs rooms has been totally refurbished; bathroom, lighting, shades, fixture & wall papers.