May 27, 2015
- blue chip (noun)
- What does it mean?
- : a stock issue that has a high value because of public faith in its worth and stability; also : a company that issues such stock
- How do you use it?
- Monique's mom is a big shot in the employee benefits department at a major corporation and specializes in buying and selling blue chips for the retirement accounts of the company's workforce.
- Are you a word wiz?
Three of the words in today's example sentence entered English in the early 1900s. Of the words listed below, which one do you think did NOT enter English in the early 1900s?You're in business if you chose A! "Corporation" dates back to the 1400s, when it referred to a group of merchants or traders united in a trade guild. Today it is typically used for an incorporated business enterprise. The other three words all began to be used in English in the early 1900s. We've already told you that "blue chip" is a high-value stock or a company that issues that kind of stock, but what about the other two? "Big shot" is an informal way to say someone is an important person, and "workforce" refers to the people who perform a specific activity or business.