Usually means: Unrealized gain from investment value.
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We found 20 dictionaries that define the word paper profit:

General (12 matching dictionaries)
  1. paper profit: Longman Dictionary of Contemporary English
  2. paper profit: Merriam-Webster
  3. paper profit: Collins English Dictionary
  4. paper profit: Vocabulary.com
  5. paper profit: Cambridge Advanced Learner's Dictionary
  6. paper profit: Wiktionary
  7. paper profit: Infoplease Dictionary
  8. paper profit, paper profit (paper loss): Dictionary.com
  9. paper profit: Rhymezone
  10. paper profit: FreeDictionary.org
  11. paper profit: Mnemonic Dictionary
  12. paper profit: TheFreeDictionary.com

Business (8 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. Paper Profit: Investopedia
  4. Comprehensive Financial (No longer online)
  5. paper profit: Financial dictionary
  6. Accounting, Business Studies and Economics Dictionary (No longer online)
  7. BusinessDictionary.com (No longer online)
  8. Yahoo Tax Center Glossary (No longer online)

(Note: See paper_profits as well.)

Definitions from Wiktionary (paper profit)

noun:  Apparent profit shown in accounts but not realized in an expendable form.

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