blue chip
something which is first class
TRANSLATION
blue chip [finan.] = erstklassig blue chip = Spitzenpapier an der Börse LEO
STATISTICS
IN THE PRESS
Pharmaceutical giant GlaxoSmithKline (GSK) has suffered an unprecedented defeat at its annual general meeting when shareholders voted against million pound pay deals for executives.
The group said 50.72% of votes were cast against approving the group's remuneration report. But the scale of the protest vote... makes GSK the first British BLUE CHIP company to have its pay scheme rejected by shareholders.
(BBC News - 19th May 2003)
The group said 50.72% of votes were cast against approving the group's remuneration report. But the scale of the protest vote... makes GSK the first British BLUE CHIP company to have its pay scheme rejected by shareholders.
(BBC News - 19th May 2003)
Did you
know?
BLUE-CHIP STOCK -- comes from the chips used in gambling games like poker. These chips or counters range in value from red (cheapest) through white to blue (most valuable -- usually worth ten times the red).
So a blue-chip stock is one likely to give the greatest return on the investment.
Source: “Morris Dictionary of Word and Phrase Origins” by William and Mary Morris (HarperCollins, New York, 1977, 1988)
So a blue-chip stock is one likely to give the greatest return on the investment.
Source: “Morris Dictionary of Word and Phrase Origins” by William and Mary Morris (HarperCollins, New York, 1977, 1988)
