The term 'Folded Flier' is composed of two words: 'EASTERN' and 'Paperairplane'. EASTERN refers to the direction of the fold in the flier, while Paperairplane is a reference to the shape of the flier when it is folded. A folded flier is a type of promotional material that is printed on paper and then folded into a specific shape, usually resembling an airplane. It is typically used for advertising or marketing purposes.