Getting your Trinity Audio player ready...
Paper capital: A federally insured, low-interest, long-term note.
Paper claim: A promise-backed investment.
Paperless: Proof that a person owns a security electronically, even though the owner does not physically hold a certificate.
Paper loss: The loss an investor would incur if he or she sold a security or closed his or her position, but that is unrealized because he or she holds on to the security.
