Definition, Meaning & Synonyms
blue-chip
Adjective
/ˈbluː ˌʧɪp/
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Definition
A blue-chip company is one that is financially sound, maintains a good reputation, and generally has a record of stable earnings.
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Examples
- The company has consistently shown strong performance over the years, making it a blue-chip stock.
- Investing in blue-chip companies is usually considered a safe option for conservative investors.
- In a volatile market, blue-chip stocks tend to hold their value better than others.
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Meaning
The term ‘blue-chip’ is often used in the context of the stock market, referring to stocks from large, well-established, and financially stable companies that are considered reliable investments.
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Synonyms
- Stable
- Reputable
- Solid
- Low-risk