blue chip

noun

Definition of blue chip

1a : 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

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Other Words from blue chip

blue-chip \ ˈblü-​ˈchip How to pronounce blue-chip (audio) \ adjective

Examples of blue chip in a Sentence

Recent Examples on the Web With the Federal Reserve and Congress providing economic relief, the blue chip indexes have recaptured all of their earlier losses, and then some, since that March sell-off. Chris Isidore, CNN, "The Dow just hit 30,000. It was a long road to get there," 24 Nov. 2020 An industrial icon, Boeing is the largest manufacturing exporter in the United States, one of the federal government’s biggest contractors, a blue chip stock and a major employer whose fortunes help shape the national economy. Niraj Chokshi, New York Times, "Boeing 737 Max Is Cleared by F.A.A. to Fly Again," 18 Nov. 2020 The $291 million will be used by the company’s Music Royalty Fund III to invest in royalty-producing intellectual property related to blue chip music assets containing classic songs. Ed Christman, Billboard, "Following IPO, Round Hill Music Raises Another $291M to Acquire More Music," 18 Nov. 2020 For the third time in 10 days, Kentucky basketball has landed a blue chip recruit. Jon Hale, The Courier-Journal, "What Daimion Collins commitment means for Kentucky basketball recruiting," 1 Nov. 2020 Human rights groups and democracy activists are calling on diplomats, politicians and blue chip companies like HSBC, Mastercard and PepsiCo to boycott a business conference launching this week in Saudi Arabia. NBC News, "Saudi G20 event slammed over kingdom's treatment of women," 26 Oct. 2020 Being added to the S&P would have forced additional purchases by fund managers whose holders must mirror the blue chip index. Chris Isidore, CNN, "Tesla, snubbed by the S&P 500, quickly completes $5 billion stock sale," 8 Sep. 2020 The blue chip index was off 380 points, before stabilizing. Bernhard Warner, Fortune, "Stocks, oil futures bomb after Trump tests positive for COVID-19," 2 Oct. 2020 At that price, Tesla is now worth about $475 billion -- more than all but six companies in the blue chip S&P 500 index. Paul R. La Monica, CNN, "Tesla looks to raise $5 billion by selling more of its red-hot stock," 1 Sep. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'blue chip.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of blue chip

1892, in the meaning defined at sense 1a

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Time Traveler for blue chip

Time Traveler

The first known use of blue chip was in 1892

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Statistics for blue chip

Last Updated

5 Dec 2020

Cite this Entry

“Blue chip.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blue%20chip. Accessed 5 Dec. 2020.

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More Definitions for blue chip

blue chip

noun

Legal Definition of blue chip

: 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

Other Words from blue chip

blue-chip adjective

More from Merriam-Webster on blue chip

Thesaurus: All synonyms and antonyms for blue chip

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