wastepaper \ˈ ̷ ̷ˌ ̷ ̷ ̷ ̷\noun 1. a.: paper discarded as superfluous or not fit for a particular use but usually regarded as valuable raw material in some processes (as the manufacture of paperboard) b.: worthless paper < invested in fraudulent stocks that are just so much wastepaper > 2.usuallywaste paper: endpaper