Wallpaper

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Wallpaper

A security with no monetary value.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Prospect Genius will be implementing a variety of proven Web marketing techniques on My Wall Paper Guys' behalf.
While the click-clack of 70-year-old looms will cease, the carefully guarded trimming process and wall paper printing divisions will remain.
Catherine Golden (New York: Feminist Press, 1992), 308, for distinctions among Gilman's usages of wallpaper, wall-paper, and wall paper, which "were conceived as a shifter calculated to create ambiguity about a referent that resists analysis, even as the narrator resists her husband's diagnosis and prescription for cure." Dock (66) who prefers to use "The Yellow Wall-paper" with lower-case "p" throughout her book, dismisses this interpretation and others like it as "mental gymnastics."
But what they say makes little sense-their talk becomes a kind of ornament, like a wall paper of speech balloons.
The $100m plant, on stream in 1998, uses feedstock produced by Ibn Hayyan to make 3,200 t/y of synthetic leather, 3,060 t/y of wall paper, 10,500 t/y of floor tiles and 1,750 t/y of book covers.
Houses can also be furnished with every imaginable item from miniature pattern wall paper and fabrics to perfectly small light fittings and 12th scale furniture.
One quick and easy way to bring a new look to your home is using wall paper.
Neighbour Tara Wright said: "Everything is soaked, wall paper is hanging off and the smell is rancid.
She pointed to a room full of licensed goods adorned with florals, landscapes, folk art and other motifs: furniture, rugs, lamp shades, table linens, fabric, wall paper, dinnerware, books, calendars and gift bags.
A distinctive art A3 portfolio was stolen which contained samples of fabric and wall paper along with written work all in a large folder and essential for the victim's interior design course.