on paper

The effect can be diminished earnings or even losses on paper, despite there being no cash outflow when an option is granted.

But the biggest test on paper this autumn came against the three-time world champions, with Ford regaining his spot.

Taxing vast fortunes that exist largely on paper could also pose significant logistical challenges.

"Modular reactor technologies have been touted by many companies internationally but are still only plans on paper," he said.

Investors’ rosy feelings about having a lot more money—at least on paper—are powering spending on restaurant meals, business-class airline tickets, home improvement and more, keeping the broader economy humming.