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

First Known Use of BLUE CHIP

1927

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May 26, 2015
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