blue chip

/ˈbluːˌtʃɪp/
adjective
  1. Describing a company or investment that is considered very safe and reliable, usually a large, well-established company with a strong financial record.
    • She invested most of her savings in blue-chip stocks like Apple and Johnson & Johnson.
    • Many retirees prefer blue-chip companies because they offer steady dividends.
    • The financial advisor recommended a portfolio of blue-chip shares for long-term growth.
  2. Of the highest quality or most prestigious in a particular field.
    • Only blue-chip clients are invited to the exclusive investment seminar.
    • He signed a blue-chip contract with a top sports agency.
    • The university is considered a blue-chip institution for engineering.
noun
  1. A stock in a large, well-established, and financially sound company that has a history of reliable performance.
    • He added several blue-chips to his retirement account.
    • During the market downturn, blue-chips held their value better than smaller stocks.
    • Blue-chips are often the foundation of a conservative investment strategy.
What does "blue chip" mean? | whatsthatwordmean | whatsthatwordmean