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Blue Chip 1100 Words You Need Week 24 Day 4

Blue Chip 1100 Words

Blue Chip 1100 Words

/ˈbluː.tʃɪp/ (ajd & noun)

a reliable or profitable business or asset, valuable asset, valuable stock in a reliable company, first-class, top-class, topnotch, number one

A blue chip stock is a stock that comes from a well-known, established company. Blue-chip stocks have a strong history of performance and often pay dividends.

While there is no formal definition of a blue-chip stock, these companies are known for being valuable, stable and established. They’re typically big names — often household names — in their industries, and investors count on them for their reliability.

Think of a blue-chip stock as a stock you would bring home to meet your parents: It makes a good impression and has the substance to back it up. It’s stable, responsible and reliable. Blue-chip companies have proven themselves in good times and bad, and the stocks have a history of solid performance.

Source: https://www.nerdwallet.com/

Antonym: second-rate

Adjective: blue-chip

Farsi: دربازى پوکر ) ژتون ابى رنگ که ارزش زيادى دارد، سهام مرغوب)

About Dr. Mohammad Hossein Hariri Asl

Dr. Mohammad Hossein Hariri Asl is an English and Persian instructor, researcher, inventor, author, blogger, SEO expert, website developer, and the creator of LELB Society. He's got a PhD in TEFL (Teaching English as a Foreign Language). Study our guest posting guidelines for authors.

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