Scrap Paper

Scrap Paper
Stock certificates that have become worthless. When a company becomes bankrupt, in most instances, the value of shareholders' equity will approach zero. For shareholders with the physical stock certificate, they essentially become as valuable as "scrap paper".

Because creditors are paid before stockholders in bankruptcies, typically all physical stock certificates of a bankrupt company become scrap paper.


Investment dictionary. . 2012.

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  • scrap paper — UK US noun [uncountable] paper that has already been used which you keep to make notes, lists etc on Thesaurus: types and forms of paperhyponym * * * noun [noncount] : paper that is partly used or is of poor quality but that you can use for… …   Useful english dictionary

  • scrap paper — scrap .paper n [U] paper, often paper that has already been used on one side, that you use for making notes, lists etc …   Dictionary of contemporary English

  • scrap paper — scrap ,paper noun uncount SCRATCH PAPER …   Usage of the words and phrases in modern English

  • scrap paper — noun A used piece of paper, to be used for jotting notes or other informally stuff. Also scrap of paper …   Wiktionary

  • scrap paper — noun (U) BrE paper, often paper that has already been used on one side, that you use for making notes, lists etc; scratch paper AmE …   Longman dictionary of contemporary English

  • Scrap paper — scratch paper …   Dictionary of Australian slang

  • scrap paper — Australian Slang scratch paper …   English dialects glossary

  • scrap paper — leftover paper used for writing notes …   English contemporary dictionary

  • scrap paper — UK / US noun [uncountable] paper that has already been used which you keep to make notes, lists etc on …   English dictionary

  • Paper recycling — is the process of recovering waste paper and remaking it into new paper products. There are three categories of paper that can be used as feedstocks for making recycled paper: mill broke, pre consumer waste, and post consumer waste.cite web title …   Wikipedia

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