Noun
liquid paper (usually uncountable, plural liquid papers)
Correction fluid.
Over the next 25 years she built the Liquid Paper Corporation into a multimillion-dollar international company, which she finally sold to Gillette in 1979 for US$48 million. Source: Internet
He continued to feel the financial bite for years afterwards, until his inheritance from his mother's Liquid Paper fortune in 1980 eased those concerns. Source: Internet