Function: noun
Date: 1929
1 a : a business or undertaking with an outstanding record or likelihood of profitability b : 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 also : a company that offers such stocks
2 : one that is outstanding: as a : an outstandingly worthwhile or valuable property or asset b : an athlete rated as excellent or as an excellent prospect
– blue-chip adjective