From Longman Business Dictionarypaperchasepa‧per‧chase /ˈpeɪpəˌtʃeɪs-pər-/ noun [countable usually singular] disapproving1an administrative process that takes more time and uses more documents than seem reasonableIt is possible to claim back the tax, but this involves something of a paperchase.2FINANCE an occasion when a company sells a lot of new shares to finance a series of takeoversSYNWALLPAPER3a very careful search through a large amount of documents or booksIt took a long paperchase through the archives to find the report.
