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. usually waste paper : endpaper