Blue chip company is used in the context of general equities. What does it refer ?
Correct answer: B. Large and creditworthy company
- A. A multinational company
- B. Large and creditworthy company
- C. A conglomerate company
- D. A consortium of companies
Explanation
A blue-chip company is a large, established and financially reliable firm with a strong reputation and generally dependable securities. It need not be a multinational, conglomerate or consortium.
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