Meaning of “on paper” in the English Dictionary

british dictionary

"on paper" in British English

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on paper

judging something by how it has been planned rather than how it really works in practice:

The design certainly looks good on paper.
Several candidates seemed suitable on paper but failed the interview.

(Definition of “on paper” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"on paper" in American English

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on paper

according to a theory or idea as opposed to something that has been tried:

On paper it looks like it could work, but I won't believe it until I see it in operation.

(Definition of “on paper” from the Cambridge Academic Content Dictionary © Cambridge University Press)