Stock or options in a startup company, referring to the likeliness the money will have only imaginary value. In contrast to "real paper".
Person 1: "Hey, I got a great new job, paying $150k, working for a company that makes facebook apps!"
Person 2: "Really? Is it real paper or toilet paper?"
Person 1: "$60k base, $90k stock"
Person 2: "oh, so mostly toilet paper..."
Person 2: "Really? Is it real paper or toilet paper?"
Person 1: "$60k base, $90k stock"
Person 2: "oh, so mostly toilet paper..."
by Aaron Startupguy November 16, 2009

by Why Bother April 3, 2006

by PotatoChickenman March 21, 2020

Greg: Hey Criag, have you seen any toilet paper?
Craig: Nah Greg, its toilet paper
Both in unison: Damnit.
Craig: Nah Greg, its toilet paper
Both in unison: Damnit.
by TheRealHi April 9, 2020

If you look online, you don't have to wonder where the toilet paper is going. As long as there's nothing keeping somebody from buying 10 packs of toilet paper they don't need, they're gonna start an online toilet paper business and make 10 times what the store would per pack of toilet paper or water, and the people who were at work when the truck came in are still gonna end up being their buyers online.
by Solid Mantis March 20, 2020

A piece of paper commonly used for wiping your ass after a good poop. They come in rolls and are usually positioned next to the toilet for ease of access.
Back in early 2020, people stocked up on toilet paper as to prepare for the lockdown. They did this to stay hygienic. The panic buying became so severe entire lanes of toilet paper in malls were left blank after a few weeks.
by slaptheBASS June 21, 2020
