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Home > QFINANCE Dictionary > Definition of paper millionaire

Definition of

paper millionaire

Stockholding & Investments

person owning stock valued currently at one million an individual who owns stock that is worth in excess of a million in currency at a specific date, but which may fall in value. In 2001 many of the founders of dot-com companies were paper millionaires.

Related definitions of "paper millionaire"

paper millionaire - Related Articles
  • Warren Buffett

    Thinkers

    “Shares are not mere pieces of paper. They represent part-ownership of a business. So, when contemplating an investment, think like a prospective owner.”

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Definitions of ’paper millionaire’ and meaning of ’paper millionaire’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’paper millionaire’ and other financial terms with our online QFINANCE Financial Dictionary.

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