blue chip
describing large, reliable, well-known companies
a large, reputable, financially sound company
In more detail
1. (noun) a share in a large, well-established company that is considered a safe investment
2. (noun) something or someone of high quality or value
Examples
- 1. She invested her savings in blue chip stocks.
- 2. That university is considered a blue chip institution in education.
How to use blue chip
Blue chip originally referred to high-value poker chips and is now primarily a financial term for shares in large, stable, profitable corporations with strong track records. It can also be used more broadly to describe any high-quality, reliable entity. The term carries connotations of safety, prestige, and long-term value rather than quick gains.
Common phrases
- blue chip company
- blue chip stock
- blue chip investment
- blue chip share
- blue chip portfolio
- blue chip security
Synonyms
blue-chip stock · gilt-edged security · quality investment · premium asset · solid investment
Opposites
penny stock · speculative investment · junk bond
Word family
blue-chip (adjective)
A common mistake
Learners sometimes confuse blue chip with blue-collar; they are unrelated terms referring to investments and manual labor respectively.
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