blue-chip

blue chip also blue-chip·per   (blōō'chĭp'ər) n.   A stock that sells at a high price because of public confidence in its long record of steady earnings. An extremely valuable asset or property. Games A blue poker chip of high value. blue'-chip' adj.

blue chip

A very high quality investment involving a lower-than-average risk of loss of principal or reduction in income. The term is generally used to refer to securities of companies having a long history of sustained earnings and dividend payments.

Main Entry: blue chip
Function: 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