Definitions for "Blue Chip Stock"
Stock of the highest quality, with long records of earnings and dividends usually well-known, stable, and mature companies.
Stock of a large, well-known national corporation that has performed well historically. Blue-chip stocks tend to enjoy steady (although undramatic) growth in earnings as well as reputations for solid management, products, services, or all three.
Stock of large, stable, financially strong companies that have a long history of profits, dividend payments, and a reputation for quality management, products, and services.