1. in theory; according to the assumed facts; - Example: "on paper the candidate seems promising"
2. in a theoretical manner; - Example: "he worked the problem out theoretically"
The Collaborative International Dictionary of English v.0.48:
Theoretic \The`o*ret"ic\, Theoretical \The`o*ret"ic*al\, a. [Gr.
?: cf. L. theoreticus, F. th['e]or['e]tique.]
Pertaining to theory; depending on, or confined to, theory or
speculation; speculative; terminating in theory or
speculation: not practical; as, theoretical learning;
theoretic sciences. -- The`o*ret"ic*al*ly, adv.