/peɪpər lɒs/ – Phrase
Definition: Thiệt hại trên giấy, tức là mất mát giảm giá trên giấy tờ, không phải là thiệt hại thực tế.
A more thorough explanation: the loss made when an asset has fallen in value but has not been sold ie the amount of money that would be lost if it were sold
Example: The hotel’s value fell from £34m to £22m, which made for a paper loss of £11. 8m.