What is a "Blue-chip" client?

Question

It's a phrase used all the time, but I haven't the faintest what it means. Can someone explain what is a "blue-chip" company when refered to in job adverts etc?

Answer 1

Blue-chip---The highest-valued gambling chips are blue, and this mark of quality has flowed from the casino to the stockmarket, where 'blue-chip' stocks are those of the highest market value and supposedly the highest safety. Blue-chips are not infallible, though, or invulnerable to losses.

Answer 2

Blue Chip Clients

Answer 3

Blue Chip Definition

Answer 4

In casinos, the blue chip is usually the most expensive so this term is applied to companies that are worth more than a billion dollars. These companies include IBM, ICI, British Petroleum etc. The big players on the stock market! Although Enron was blue chip and now its only fish and chip!
So if your employer lands a blue chip client, then you will get a champagne break instead of a coffe break!

Answer 5

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Answer 6

Definition of 'Blue Chip'
A nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which help to contribute to their long record of stable and reliable growth.

Investopedia explains 'Blue Chip'

The name "blue chip" came about because in the game of poker the blue chips have the highest value.
Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios. The stock price of a blue chip usually closely follows the S&P 500.

Answer 7

If I remember right, It stems from the Stock market terms to note a company's figuritive worth, in Ascending order:
Small-cap
Mid-Cap
Large Cap
Blue Chip

Blue chips are the really big boys of Business, none of your small time, scam you, rip you off etc (So how did Microsoft get up there; Just kidding Bill).

Answer 8

Blue Chip refers to major companies like Disney, Microsoft. They'd be Blue Chip Stock. The chances of them going bankrupt and you losing your money investing in them is very slim.

I think it has to do with Poker and the Blue Poker Chips. Don't quote me on it though.

Answer 9

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Answer 10

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RE:
What is a "Blue-chip" client?
It's a phrase used all the time, but I haven't the faintest what it means. Can someone explain what is a "blue-chip" company when refered to in job adverts etc?