blue-chip
Definition
- Adjective:
- Extremely valuable, of the highest quality or reliability: Used to describe stocks, investments, or assets that are considered very safe, financially sound, and likely to provide steady returns. It can also describe anything of outstanding quality or prestige.
- Of the best and most expensive kind: Describing something that is top-tier, premium, and associated with established excellence.
Usage
The adjective "blue-chip" is primarily used in financial and business contexts to describe companies or investments. It is also used more broadly to describe any entity or item known for its superior quality, stability, and high status. It is typically placed before a noun.
Examples
- Adjective:
- Investors often seek out blue-chip stocks for the stability of their portfolios.
- The company is a blue-chip name in the technology sector.
- He collects blue-chip art from the 19th century.
- It's a blue-chip university with a global reputation.
Advanced Usage
- "Blue-chip" as a noun: In finance, the term can be used as a countable noun to refer to the stock of a large, reliable company.
- The fund is heavily invested in blue-chips.
- Figurative use: Extending beyond finance to describe people or things of proven excellence.
- The team recruited several blue-chip prospects from college.
Variants and Related Words
- Blue-chip stock/share (n): A share of stock in a nationally recognized, well-established, and financially sound company.
- She advised buying blue-chip stocks for long-term growth.
- Blue-chipper (n, informal): A person or thing considered to be of the highest quality or having great potential.
- The rookie pitcher was considered a blue-chipper.
Synonyms
- First-rate: Of the highest quality.
- Top-tier: Belonging to the highest level or rank.
- Premier: First in importance, order, or position.
- High-grade: Of superior quality.
Antonyms
- Speculative: Involving high risk of loss.
- Penny stock: A stock that trades at a very low price and is considered high-risk.
- Unproven: Not demonstrated to be valuable or reliable.
Related Idioms and Phrases
- "Blue-chip investment": An investment in a secure, high-quality asset.
- Real estate in the city center is seen as a blue-chip investment.
- "Blue-chip status": The condition of being recognized as supremely reliable or valuable.
- The brand has achieved blue-chip status in the luxury market.
Adjective
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extremely valuable
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Rembrandt is considered a blue-chip artist
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