blue chip
Blue chip (noun) means a share in a large, long-established company that is widely known, financially solid and has a long record of trading; also the company itself. Example: “The index is made up mostly of blue chips and a handful of newer firms.”
How to use blue chip
Learner’s notesIn plain EnglishA big, well-known, solid company — or its shares.
Neutral in finance; outside it, the adjective is a general compliment meaning top quality, as in blue-chip credentials.
Two words as a noun, hyphenated before a noun: he bought blue chips, but she has a blue-chip portfolio.
Trace the full origin ↓Fill the gap
Can you complete this real example?
The index is made up mostly of _____ and a handful of newer firms.
Etymology
From the blue chip, traditionally the highest-value counter in poker.