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blue-sky: Meaning and Definition of

blue-sky

Pronunciation: (bl'skī'), [key]
— adj.
  1. fanciful; impractical: blue-sky ideas.
  2. (esp. of securities) having dubious value; not financially sound: a blue-sky stock.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also:
blueshift blue-sky law
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