paper millionaire Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “paper millionaire” in the English Dictionary

"paper millionaire" in Business English

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paper millionairenoun [C]

uk   us   MONEY
a ​person who would have at least 1 million in their country's ​money if they ​sold all their ​investments: She ​calculated that her ​stockoptions made her a ​papermillionaire.
(Definition of paper millionaire from the Cambridge Business English Dictionary © Cambridge University Press)
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