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