What is Blue Chip?
1.
A high-quality, relatively low-risk investment; the term usually refers to stocks of large, well-established companies that have performed well over a long period.
I just put $500 on some good
GE blue chipstock .
2.
Term normally reserved for high priced stocks
from major companies. Also can be used to
describe a hot girl or guy.
hey dog! ol' girl is blue chip fa sho!
3.
A standout basketball prodigy recruit
Shaq was a blue chip in his days at LSU.
See 
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1. 
a hoiside where the victum was murdered by a nine milimeter handgun (standerd poilice officers handgun)
i just scored me a 9 milly homi..