blue chip

noun

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: such as

a

: an outstandingly worthwhile or valuable property or asset

b

: an athlete rated as excellent or as an excellent prospect

blue-chip

ˈblü-ˈchip 

adjective

Examples of blue chip in a Sentence

Recent Examples on the Web

South Korea’s blue chip Kospi closed marginally lower at 2,596.91, while the small-cap Kosdaq inched 0.59% lower to end at 770.87. —Anniek Bao, CNBC, 10 Oct. 2024

The benchmark South Korean blue chip Kospi index rose 2%. —Anniek Bao, CNBC, 26 Sep. 2024

On the health department's final two site visits, inspectors found white paint chips nearby but no blue chips, according to DHS documents. —Gina Lee Castro, Journal Sentinel, 1 Aug. 2024

It is backed by a roster of blue chip firms, including Israeli VC firm Cyberstarts, Index Ventures, Insight Partners and Sequoia Capital. —Rohan Goswami, CNBC, 14 July 2024

Word History

First Known Use

1892, in the meaning defined at sense 1a

Kids Definition

blue chip

noun

: a stock issue that has a high value because of public faith in its worth and stability

also : a company that issues such stock

Legal Definition

blue chip

noun

: 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

blue-chip adjective