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Moneyextra.com Dictionary
Blue Chip
A blue chip is a share in a large safe prestigious company of the highest class among stockmarket investments. A blue-chip company would receive the appellation through being well-known having a good track record of dividend payments and skilled management. Be aware this does not mean that all stocks in the FT-SE 100 index are blue chip stocks. Equally it does not mean there are no blue chip stocks outside the FT-SE 100. The term is American in origin and comes from the card game poker where bluechips were the highest-valued chips in the game - this may be ironic depending on how you view the stockmarket. See Also Online share dealing service Stockmarket Centre ©Moneyextra.com Moneyextra.com recommends you take independent financial advice before acting on any article 2009-02-17 00:00:00 © Moneyextra.com