Meaning of blue chip

blue' chip"

Pronunciation: [key]
  1. a blue-colored chip of high value.
  2. a common stock issued by a major company that has financial strength, stability against fluctuations, and a good record of dividend payments: regarded as a low-risk investment.
  3. a secure and valuable item or property held in reserve: The airfield was a blue chip in the struggle for military supremacy.

blue-chip

Pronunciation: (bl'chip"), [key]
— adj.
  1. of, pertaining to, or constituting a blue chip.
  2. having outstanding or exemplary qualities within a specified category; leading: a group of blue-chip scientists; blue-chip stock.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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