Definition
The term “wallpaper” in the context of financial securities refers to certificates of stocks and bonds that have become worthless. These securities have no intrinsic value due to the issuing company going bankrupt or defaulting. The imagery of using these certificates as wallpaper conveys their lack of monetary worth. However, they may hold some collectible value for their rarity or historical significance.
Historical Context
Historically, printed stock and bond certificates were used to signify ownership. When companies failed, these certificates became financially useless, leading to the term “wallpaper” being coined.
Collectible Value
Although economically worthless, some certificates are sought after by collectors who prize rare or historically meaningful certificates. Collectors’ value can range based on factors such as the issuing company’s history, artwork on the certificate, and rarity.
Example
A bankrupt company’s stock certificate from the early 1900s would be financial ‘wallpaper’ but may sell at an auction for its historical artwork and rarity, potentially fetching hundreds of dollars.
Special Considerations
- Historic Events: Certificates tied to significant historical events can have increased value.
- Rarity: Limited issuance or short-lived companies increase collectible value.
- Artistic Elements: Elaborate designs enhance desirability.
Technological Perspective: Desktop Wallpaper
Definition
In computing, “wallpaper” refers to a picture or graphic design used as a background for the desktop of a computer screen, instead of a solid color. This usage highlights the term’s versatility beyond the financial world.
Applicability
Desktop wallpapers provide aesthetic appeal and personalized working environments. They can also serve functional purposes:
- Organizational Backgrounds: Wallpapers including grids or notes that aid in organizing desktop icons.
- Thematic Designs: Wallpapers that reflect seasonal themes, corporate branding, or individual interests.
Examples
A corporate computer may have a wallpaper showcasing the company’s logo and core values, while a personal computer may display a family photo or an inspiring landscape.
Comparisons
Financial vs. Technological Wallpaper
- Financial Wallpaper: Indicates worthlessness and a historical remnant.
- Technological Wallpaper: Enhances visual appeal and user experience on computer desktops.
Related Terms
- Securities: Financial instruments that hold some type of monetary value.
- Stocks: Shares representing ownership in a company.
- Bonds: Debt instruments representing a loan made by an investor to a borrower.
- Desktop Background: Another term for wallpaper in computing contexts.
FAQs
What is the primary difference between financial and desktop wallpaper?
Can financial 'wallpaper' have any value?
How can I change my desktop wallpaper?
References
- “Understanding Securities”, Investopedia. Retrieved from Investopedia
- “History of Stock Certificates”, Antique Stocks & Bonds. Retrieved from Antique Stocks & Bonds
Summary
The term “wallpaper” in financial contexts conveys the worthlessness of bankrupt securities but implies collectible potential. In computing, it refers to the customizable background image on a computer desktop. This multifaceted term bridges finance and technology, highlighting its evolution and applicability in various domains.
This comprehensive understanding illuminates the term’s versatility and relevance across distinct fields.
