red chip
n.— «Does this index of 25 Chinese stocks (all listed in Hong Kong, commonly called “red chips”) provide you with the growth you’d expect from China?» —“A Better Way to Play China’s Promise” by Michael Krause TheStreet.com Feb. 27, 2007. (source: Double-Tongued Dictionary)
Further reading
“If you come to a fork in the road… take it!” Baseball legend Yogi Berra was famous for such head-scratching observations. What most people don’t realize, though, is that the former Yankees star often wasn’t the first...
It’s common for Southern moms to promise their children a Yankee dime if they complete a chore. The thing is a Yankee dime is a motherly kiss — much less exciting than an actual dime. It’s a phrase that plays on Yankee thrift, and...