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

Partnerships have been developed with blue chip brands such as Verizon, while McDonald’s has sponsored La Liga North America training camps in locations including Miami, Los Angeles, Dallas and New Jersey. —Adam Crafton, The Athletic, 15 Aug. 2024

South Korea’s blue chip Kospi rose 1.83% to 2,588.97, snapping a three-day losing streak, while the small-cap Kosdaq gained 3.43% to close at 754.08. —Anniek Bao, CNBC, 3 Nov. 2024

In a lending sense low rates of interest are paradoxically a sign of growing caution, or a movement away from risk as low-rate loans are made to the bluest of blue chips, or toward mortgages that bring with them a recoverable asset (the house itself) assuming borrower defaults. —John Tamny, Forbes, 3 Nov. 2024

For the week, the S&P 500 lost 1% and the Dow fell 2.7% as blue chips also ended a six-week win streak. —Brooke Seipel, Fortune, 25 Oct. 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