dropping paper
When someone is submitting their resume to employers, particularly when trying desparately to escape a sinking ship.
The entire dev team at Living.com started dropping paper the day after it showed up on the FC.
dropping paper
Taking LSD - reference to it's paper form and the common phrase "dropping acid".
"You dropping paper tonight?"
dropping paper
Police Officer writing somone a ticket or filing a warrant for someone's arrest. Once a person has a warrant out for their arrest they are considered "on paper."
Johnny Law spent all day on the freeway dropping paper on people speeding. Johnny Law is at the D.A.'s office now dropping paper on that murder suspect.
drop paper
To spend a lot of money. Usually this is done at a bar when buying numerous drinks. One hand holds the money palm up, while the other hand flicks money into the barmaid's face.
"Mate, I dropped bare paper last night"
"Wanna go drop paper on some VKs?"
"Wanna go drop paper on some VKs?"