black chip, noun phrase
A share in a company partly or wholly owned by Black shareholders, often used attributively to refer to stocks in such companies or to the companies themselves. Cf. BEE, BBBEE. Attributive.
1998 mg.co.za 25 Feb.“Black chips” are shares in black-owned companies, a plethora of which have listed since 1994 in the name of black economic empowerment.
2014 bdlive.co.za (DSAE Corpus)As we discussed the formation of the company, the twins were singly united in wanting to build a New South African company neither a black chip nor white chip but a blue chip company spanning the African continent.
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