blue chip

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blue chip

1. noun Shares of stock for a large, respectable company (which would be considered a low risk to invest in). You'll make a lot of money from these blue chips, don't worry.
2. adjective Describing such stock shares. The phrase can be hyphenated in this usage. Those blue-chip stocks will make you a lot of money.
3. adjective By extension, describing something that is regarded as very valuable. The phrase can be hyphenated in this usage. This guy's a blue-chip prospect—we have to draft him.
See also: blue, chip

blue chip

1. n. stock shares of a large company that has a high value. (Securities markets.) The blue chips took another nose dive in today’s trading.
2. mod. having to do with the stock of large, valuable companies. (Securities markets.) The blue chip rally ran for a third day.
See also: blue, chip
References in periodicals archive ?
Despite "Blue Chips" being a movie to show the drama that goes behind the basketball court, this clearly shows how serious basketball fans are over in Indiana.
Of the 30 blue chips, 23 of them ended lower with Aboitiz Equity and JG Summit down more than nine percent.
Central Cooperative Bank [BUL:4CF] fell the most among blue chips, closing 2.20% lower at 1.78 levs.
Glencore led the top losers of the blue chips with a share price drop of 4.62 percent, followed by InterContinental Hotels Group (4.29 percent), Centrica (3.29 percent), Severn Trent (2.75 percent) and Morrison (Wm) Supermarkets (2.43 percent).
Blue chips led the market, with ITC Ltd gaining 2.3 per cent while HDFC Bank Ltd ending up 3.6 per cent.
To create the blue chips, Nick sourced special Salad Blue potatoes, grown at Masterchef host Greg Wallace's Secretts Farm in Surrey.
CAIRO: Egypt's main stock index was up 1.1 percent, led by foreign buying in blue chips such as Orascom Construction Industries, which advanced 1.9 percent, and El Sewedy Cables, which advanced 0.1 percent.
UK blue chips endured a roller-coaster ride yesterday as volatility returned to stock markets across the world.
It will be Ceilidh's first time in the senior finals at the "Blue Chips", although she has made the junior finals in the past with her pony Technicolour.
The dot-coms are mostly gone, but Latin America's blue chips need IT services now to stay competitive.
The Swiss exchange will also take 38.9 per cent of virt-x in return for handing trade in its blue chips to the new exchange.
For example, blue chips were buoyed by the government report that worker productivity in the 12 months, ending in the second quarter, grew at the fastest pace in 17 years without a rise in the unit cost per labor.
That, in turn, sent share prices down and particularly put selling pressure on blue chips, he added.
And Garden of Eatin's Original Blue Chips bags state that, among Hopi and Zuni Indians, blue corn "was believed to have spiritual and healing powers."