Dictionary
blue chip
noun
Definition of BLUE CHIP
1
a : a stock issue of high investment quality that usually pertains to a substantial well-established company and enjoys public confidence in its worth and stability; also : a company that offers such stocks b : a business or undertaking with an outstanding record or likelihood of profitability
2
: one that is outstanding: as a : an outstandingly worthwhile or valuable property or asset b : an athlete rated as excellent or as an excellent prospect
— blue–chip adjective
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First Known Use of BLUE CHIP
1927
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